Fenwick represented Firstbase, a provider of infrastructure for global teams, in its $50 million Series B financing round. The investment was led by Kleiner Perkins and joined by existing investors Andreessen Horowitz, Alpaca VC, and Forum Ventures.
The new capital will be used to continue the company's hiring, product development, operations and geographic expansion. More information can be obtained from the company's announcement.
The Fenwick transaction team was led by corporate partner Michael Brown and included associates Aaron Ginsburg and Jing Xu.