Zilingo, a Singapore-based fashion platform, recently raised over $200 million from investors including Sequoia Capital India and Temasek Holdings Pte.
Gunderson Dettmer represented Lyndra Therapeutics, a developer of orally administered steady-state release pill, when it raised $55M in a Series B financing. The round of funding was led by Polaris Partners, with new investors HOPU Investments, Gilead Sciences, Invus, the Bill & Melinda Gates Foundation and Orient Life.
Globality, an AI-powered smart sourcing platform for large companies to find and manage service providers around the world, secured an investment of $100 million from the SoftBank Vision Fund.
Gunderson Dettmer acted as legal counsel to Pluto TV, a free ad-supported streaming service with 12 million monthly active users, in its acquisition by Viacom for $340M in cash.
Viking Global has co-led a $299.2M financing round for BridgeBio with KKR. Other existing investors including Perceptive Advisors, AIG, Aisling Capital, Cormorant Capital and Hercules Capital participated. BridgeBio, a clinical-stage biopharmaceutical company focused on genetically targeted therapies, was founded in 2015 and had previously raised $149M. The company will use the fresh capital to support its existing research and development programs as well as expand its efforts to rapidly develop new medicines.
Seismic, a developer of end-to-end sales enablement software, closed a $100M Series E round of funding. Investor Lightspeed Venture Partners led the round, with General Atlantic, JMI Equity and Jackson Square Ventures also participating.
InVision, a digital design collaboration platform, has raised $115 million. The Series F round was led by Spark Capital with the participation of Goldman Sachs and existing investors including Battery Ventures, ICONIQ Capital, Tiger Global Management, FirstMark Capital and Geodesic Capital.
Developer of financial and banking services platform, Plaid, raised $250 million in a Series C led by Kleiner Perkins with Spark Capital, New Enterprise Associates, Goldman Sachs and Index Ventures (UK) participating. The company is now valued at $2.65 billion, more than ten times its valuation in June 2016.
ChargePoint, a client of Gunderson Dettmer, secured a Series H financing of $240 million bringing their total funding raised to more than half a million dollars. This round of funding comes from a diverse group of new investors including American Electric Power, Canada Pension Plan Investment Board, Chevron Technology Ventures, Clearvision, Daimler Trucks & Buses, GIC and Quantum Energy Partners. Existing investors include BMW iVentures, Braemar Energy Ventures, Linse Capital and Siemens.
Gunderson Dettmer represented Kleinfelder Group, an engineering, construction management, design and environmental professional services firm, in its definitive agreement to be acquired by WindPoint Partners, a private equity investment firm.
Poynt, a connected commerce platform for merchants, raised $100M in Series C funding from Elavon and National Australia Bank (NAB). As stated in the press release, "with this investment, the company will expand into new markets across Asia, Europe and South America, grow its talent base, and invest in product and partner development as it executes its vision to become the operating system (OS) on smart payment terminals worldwide."
Turvo, the world’s first real-time collaborative logistics platform, has closed a Series B financing with $60M led by Mubadala Ventures.
Gunderson Dettmer client Pillow was acquired by Expedia as part of the global travel company’s strategy to unlock urban growth opportunities.
Gunderson Dettmer advised Anaplan, Inc. on its initial public offering of 17,825,000 shares at the price to the public of $17.00 per share for a total of $303,025,000 in aggregate gross proceeds.
Gunderson Dettmer advised Histogenics Corporation on a follow-on public offering underwritten public offering of 26,155,000 shares of its common stock and warrants to purchase up to 19,616,250 shares of common stock, at a combined purchase price of $0.65 per share of common stock and accompanying warrant, for a total of $17,000,750.00 in aggregate gross proceeds.
Gunderson Dettmer advised Aldeyra Therapeutics, Inc. on a follow-on public offering of 5,250,000 shares at the price to the public of $13.75 per share for a total of $72,187,500 in aggregate gross proceeds. Corporate partner Jay Hachigian, of counsel Keith Scherer, and associates Albert Vanderlaan, Naomi Smith and John Maciejewski led the team advising Aldeyra.
TalkDesk, a provider of cloud-based contact center software, raised a Series B financing of $100M with a valuation of over $1B. Investors in this round of funding included lead investor Viking Global and existing investor DFJ.
Real estate platform Compass has raised $400 million in a Series F round of funding to help grow its domestic business as well as open internationally. The deal, led by Softbank’s Vision Fund and Qatar Investment Authority, has the company valued at $4.4 billion; double its valuation from last year.
Gunderson Dettmer served as lead counsel to Compass in $400 million Series F financing round.
UiPath, a robotic process automation software, closed a Series C financing of $225 million with a $3 billion valuation. Sequoia Capital and CapitalG, Alphabet's investment arm, lead the round.
Gunderson Dettmer is acting as legal advisor to Cornershop, a leading online marketplace for on-demand delivery from retailers in Mexico and Chile, in its $225 million acquisition by Walmart.
Gunderson Dettmer is acting as legal advisor to Opcity, a market leading real estate technology platform, in its $210 million acquisition by News Corp's subsidiary, Move, Inc., operator of realtor.com.
Gunderson Dettmer acted as counsel to Oscar in its recent $375 million financing by CapitalG, the late-stage growth venture capital fund financed by Alphabet Inc.
Gunderson Dettmer is acting as legal advisor to Cartiva, Inc., a private orthopedic medical device company focused on the treatment of osteoarthritis, in its $435 million acquisition by Wright Medical Group N.V.
Gunderson Dettmer acted as legal advisor to Duo Security, the leading provider of unified access security and multi-factor authentication delivered through the cloud, in its $2.35 billion acquisition by Cisco.
Gunderson Dettmer acted as legal advisor to SpringCM, a leading cloud-based document generation and contract lifecycle management software company, in its $220 million acquisition by DocuSign. In a definitive agreement announced today, the transaction will further accelerate DocuSign’s broadening of its solution beyond e-signature to the rest of the agreement process—from preparing to signing, acting-on, and managing agreements.
Gunderson Dettmer advised Natera, Inc. in a follow-on public offering of 5,175,000 shares at the price to the public of $20.00 per share for a total of $103,500,000 in aggregate gross proceeds.
Gunderson Dettmer advised the underwriters on Domo, Inc.’s initial public offering of 10,580,000 shares at the price to the public of $21.00 per share for a total of $222,180,000 in aggregate gross proceeds.
Gunderson Dettmer served as lead counsel to DataMinr in its $392 million Series E financing round with participation from Morgan Stanley’s Tactical Value Fund, Valor Equity Partners, MSD Capital, Declaration Partners, Moore Strategic Ventures, Vulcan Capital, the Pritzker Family Business Interests as well as existing investors Fidelity Investments, Institutional Venture Partners and Goldman Sachs.
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