Lowenstein’s Tech Group represented Hex, a platform for collaborative analytics and data science, in a $52 million Series B fund raise led by Andreessen Horowitz. The round also included Snowflake, the Data Cloud company, and Databricks, as well as existing investors Redpoint and Amplify Partners. Hex will use the funds to hire more people and build out its platform to make data work for everyone.
Hex helps teams create knowledge from their data, though a seamless end-to-end workflow that makes it easy to analyze, collaborate, and share. The platform has become home base for thousands of data scientists and analysts all over the world, from companies like Notion, Mentimeter, Workrise, Loom, Whatnot, and more.
The Lowenstein deal team included Carl J. Hessler, Ed Zimmerman, Chad M.P. Weeks and Samy A. Akli.
About Lowenstein Sandler LLP
Lowenstein Sandler is a national law firm with over 350 lawyers based in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.
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