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May 25, 2022Insights
California Court Declares State’s Gender Diversity Board Mandate Unconstitutional

In a ruling dated May 13, 2022, and publicly released last week, Judge Maureen Duffy-Lewis of the Superior Court of California in Los Angeles County enjoined the 2018 state law known as SB 826—the first in the nation to legally compel the representation of women on public company boards—after determining the statute was unconstitutional because it violated the Equal Protection Clause of the California Constitution. The decision followed a nearly monthlong non-jury trial that concluded in February.

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May 24, 2022Client News
Nowports Raises $150M Series C Financing

Gunderson Dettmer represented Mexico-based client Nowports, a digital freight forwarder platform, in its $150 million Series C financing led by Softbank.

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May 24, 2022Client News
Preql Raises $7M Series Seed Financing

Gunderson Dettmer represented client Preql, a New York-based developer of a no-code tool for business users to define and manage metrics, in its $7 million Series Seed financing led by Bessemer Venture Partners.

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May 23, 2022Client News
clicOH Raises $25M Series A Financing

Gunderson Dettmer represented Argentina-based client clicOH, an on-demand delivery platform, in its $25 million Series A financing led by Tiger Global. The company’s platform provides a tech-enabled shipping service for Latin American businesses which enable sellers to track shipment in real time. clicOH will use its new capital for expansion and new product launches.
 

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May 23, 2022Client News
Vivun Raises $75M Series C Financing

Gunderson Dettmer represented client Vivun, a global provider of Buyer Experience (BX) software, in its $75 million Series C financing led by Salesforce Ventures with participation from Tiger Global.

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May 20, 2022Firm News
Gunderson Dettmer is named the #1 VC Law Firm Globally by Pitchbook for Q1 2022

Gunderson Dettmer finished the first quarter of 2022 as the “most active law firm globally” in PitchBook’s Global Venture Capital League Tables. The firm was also ranked as the top law firm in 19 categories – including both early stage and late stage financings. Gunderson Dettmer represented its clients in 480 global financings valued at more than $32 billion.

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May 19, 2022Client News
Tiger Global Leads $26M Series B Financing of Bravado

Gunderson Dettmer represented client Tiger Global as it led the $26 million Series B financing of Bravado, a developer of a professional sales network designed to help professionals level up in their careers.

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May 18, 2022Client News
Andreessen Horowitz Closes $600M Games Fund One

Gunderson Dettmer represented client Andreessen Horowitz in the closing of its $600 million Games Fund One, the venture capital firm’s inaugural fund solely dedicated to the gaming industry.

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May 18, 2022Client News
Imply Data Raises $100M Series D Financing

Gunderson Dettmer represented client Imply Data, a California-based developer of a full-stack and multi-cloud platform, in its $100 million Series D financing led by Thoma Bravo with participation from OMERS, Andreessen Horowitz, Bessemer Venture Partners, and Khosla Ventures.

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May 17, 2022Client News
LucidLink Raises $20M Series B Financing

Gunderson Dettmer represented client LucidLink in its $20 million Series B financing led by Headline’s Global Growth Strategy with participation from Baseline Ventures, Bright Cap Ventures and Top Tier Capital Partners.

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May 17, 2022Client News
Remix Therapeutics Raises $70M Series B Financing

Gunderson Dettmer represented client Remix Therapeutics, a Massachusetts-based biotech company, in its $70 million Series B financing which included participation from Surveyor, Foresite Capital, Atlas Ventures, The Column Group, Arch Venture Partners, Alexandria Venture Investments, and Casdin Capital. Remix Therapeutics focuses on developing novel small molecule therapies designed to reprogram RNA processing and treat diseases in new ways.

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May 17, 2022Client News
Unit Raises $100M Series C Financing

Gunderson Dettmer represented client Unit, a developer of a financial infrastructure, in its $100 million Series C financing led by Insight Partners with participation from Accel, Better Tomorrow, Flourish Ventures, Moving Capital, and StepStone.

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May 12, 2022Client News
Rabbot Raises US $4.6M Series A Financing

Gunderson Dettmer represented Brazil-based client Rabbot, a developer of a logistics-focused SaaS platform, in its $4.6 million (BRL 23 million) led by Bradesco’s Private Equity and Venture Capital division

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May 11, 2022Client News
Solfácil Raises $100M in Series C Financing

Gunderson Dettmer represented Brazil-based client Solfácil, a company that provides credit lines for installing solar energy, in its $100 million Series C financing led by QED with participation by the Softbank Group, VEF and Valor Capital.

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May 10, 2022Client News
Brightseed Raises $68M Series B Financing

Gunderson Dettmer represented client Brightseed, a San Francisco-based developer of plant nutrient technology, in its $68 million Series B financing led by Temasek.

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May 10, 2022Client News
Mashgin Raises $62.5M Series B Financing

Gunderson Dettmer represented client Mashgin, a developer of an AI-powered self-checkout system, in its $62.5 million Series B financing led by New Enterprise Associates that brought the company’s valuation to $1.5 billion.

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May 5, 2022Firm News
Asian Legal Business Shortlists Gunderson Dettmer for Private Equity & Venture Capital Law Firm of the Year

Gunderson Dettmer has been named a finalist for the Private Equity & Venture Capital Law Firm of the Year category as part of the 2022 Asian Legal Business (ALB) SE Asia Law Awards. The ALB SE Asia Law Awards recognizes the outstanding performance of the region’s leading law firms and in-house teams for their work in 2021. The winners will be announced at the ALB SE Asia Law Awards gala in Singapore on 25 May 2022.

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