Fenwick & West represented Databricks in the transaction.
Databricks raised $400 million Series F financing.
The round was led by Andreessen Horowitz’s Late Stage Venture Fund. Andreessen Horowitz is joined by major new investors including funds and accounts managed by BlackRock, Inc., funds and accounts advised by T. Rowe Price Associates, Inc. and Tiger Global Management.
Other investors that participated in this funding round included Alkeon Capital Management, Coatue Management, Dragoneer Investment Group, Geodesic, Green Bay Ventures, Microsoft Corporation and New Enterprise Associates (NEA).
The investment values Databricks at $6.2 billion.
Databricks will use the investment to continue powering its market-leading growth and rapid customer adoption, accelerating innovation and scale across the globe.
Databricks, Inc. provides software solutions. The Company offers software for analyzing and extracting value from data, as well as provides platform that deliver data.
The Fenwick transaction team included corporate partner Michael Brown (Picture) and associates Patrick Grilli, Jenna Hsieh and Alejandro Almodovar.
Law Firms: Fenwick & West LLP;
Clients: Databricks Inc.;