Elsewhere Partners Leads $32M Series A Growth Financing of BackBox
Gunderson Dettmer represented client Elsewhere Partners as it led the $32 million Series A growth financing of BackBox, a market leader in network automation, security and management solutions. In addition to the financing, Elsewhere Partners Operating Advisor Andrew Kahl has been appointed as the CEO of BackBox.
In the announcement of the transaction, Andrew Kahl said, “There is unlimited potential to expand BackBox’s market reach as network environments become more complex and IT constraints continue to evolve. I am thrilled with the opportunity to work with Elsewhere and the co-founders to help lead the next phase in the company’s journey – becoming a global leader in network automation solutions.”
The Gunderson deal team was led by Luke Thomas.