Fenwick Represents CoreWeave in $1.1B Series C Funding

Fenwick represented CoreWeave, a specialized GPU cloud provider, which has secured $1.1 billion in Series C funding. The round was led by Coatue, with participation from Magnetar who led the last primary round, as well as Altimeter Capital, Fidelity Management & Research Company, and Lykos Global Management.

CoreWeave will use the funds to support the rapid growth across all areas of the business and expand into new geographic regions to meet the explosive demand for GPU accelerated cloud infrastructure worldwide. More information can be obtained from the company’s announcement.

The Fenwick transaction team included corporate partner Michael Brown and associates Chance Goldberg, Joon Hwan Kim, Myles Gutenkunst and Liz Malmen.