Fenwick is representing Databricks, a data and AI company, in its record-breaking $10 billion Series J financing, believed to be the largest venture capital financing round of all time. The round is being led by Thrive Capital and co-led by Andreessen Horowitz, DST Global, GIC, Insight Partners and WCM Investment Management and values Databricks at $62 billion.
The financing also includes existing Databricks investor Ontario Teachers’ Pension Plan and new investors ICONIQ Growth, MGX, Sands Capital and Wellington Management. More information can be obtained from Databricks’ announcement.
The Fenwick transaction team includes corporate partners Michael Brown, David Bell and Ari Haber and associates Joon Hwan Kim, Leeza Soulina, Stephanie Maynes Aldous and Jazmin Perez.