Fenwick & West represented Future Fund, Australia’s sovereign wealth fund, in its investment in MapR Technologies, Inc., provider of the industry’s only Converged Data Platform. The $50 million equity financing was led by Future Fund, with participation from all existing investors, including: Google Capital, Lightspeed Venture Partners, Mayfield Fund, New Enterprise Associates, Qualcomm Ventures, and Redpoint Ventures.
The new funding will strengthen MapR balance sheet as they look ahead to an initial public offering. More information on Future Fund’s investment in MapR can be obtained from the company press release.
The Fenwick transaction team was led by corporate partner and chair of the Private Equity Practice Scott Joachim; corporate associates Brian Kelly and Taimur Case; intellectual property associate Joseph Schenck; and antitrust associate Ashley Walter.