In an article published by Law360, (subscription required) Fenwick was recognized for its role in guiding Databricks through its latest $10 billion private funding round, which valued the AI startup at $62 billion.
This significant investment, the largest funding round in history, underscores the growing confidence and enthusiasm among investors regarding the transformative potential of artificial intelligence.
Fenwick's team, led by partners Michael Brown, David Bell, and Ari Haber, represented Databricks in this landmark funding round. The firm’s relationship with Databricks dates back to its founding in 2013, with the team continuing to help Databricks as it bolsters its AI foothold through a series of strategic transactions, including its most recent acquisition of Tabular earlier this year.