The Technology M&A team advised Predibase in entering into an agreement to be acquired by Rubrik, Inc. (NYSE: RBRK) to accelerate agentic AI adoption from pilot to production at scale. Together, Predibase and Rubrik will deliver radical simplicity in models and data, resulting in improved accuracy, lower costs, better performance, and automated data governance. Venture firms Greylock and Felicis led funding of Predibase to date. Completion of the transaction is subject to customary closing conditions.
Predibase is the fastest and most efficient way to customize and deploy models tailored to your use case and data. As the developer platform for productionizing open source AI, Predibase makes it easy to fine-tune and serve any model on cost-effective serverless infra that scales for the most demanding workloads. Predibase is trusted by organizations ranging from Fortune 500 enterprises to innovative startups. Most importantly, Predibase is built on open source foundations and can be deployed in your private cloud so all of your data and models stay in your control.
The Goodwin team was led by Anthony McCusker, Matt Baudler, Ben Rosales, Jesse Kalashyan, Joseph Yim, Daisy Beckner, and Megan Wilson; Monica Patel, Natascha George, and Rahat Tariq; Edward Holzwanger and Nathaniel A. Hsieh; Kevin Liu, Jinny Kim, and Jackie Klosek; Ora Grinberg and Garrett Gaughan; Paul Jin and Ortal Ben Aharon; Justin Pierce and Justin Shields; Ai Tajima and George Schneider.
For more information on the deal, please read the press release and coverage in CNBC.