Fenwick represented Kentik, creator of a leading network intelligence platform used by digital enterprises and service providers, in its $40 million Series C financing.
The financing round was led by existing investor Third Point Ventures. Investors from prior rounds—August Capital, Tahoma Ventures, DCVC, Engineering Capital and Vistara Growth—were joined by new investors Golub Capital, Gaingels and Delta-v Capital to complete the financing.
Kentik will use the funds to accelerate investments in its platform, as well as partner with other observability leaders in an effort to end the era of fragmented monitoring. More information can be obtained from the company’s announcement.
The Fenwick transaction team was led by corporate partner Michael Brown and included associates Taimur Case and Evan Buhler.