Maverick led a $75m Series B round in Coherent.

Maverick led a $75m Series B round in Coherent, with participation from Owl Rock, GreatPoint Ventures, Cathay Innovation and Franklin Templeton. “Today’s collaborative business world demands a fresh approach for IT teams to build software in a quick and cost-effective way. Coherent Spark is on track to become the standard for managing business logic and operations ubiquitous in spreadsheets everywhere. We are excited to support Coherent’s talented team during this phase of hypergrowth,” Andrew Homan, Maverick Capital Senior Managing Director.