Kleiner Perkins Leads $90M Series D Financing of Stord
Gunderson Dettmer represented client Kleiner Perkins as it led the $90 million Series D financing of Stord, a cloud-based supply chain startup. The round brings the company’s valuation to $1.1 billion.
In the announcement of the transaction, co-founder of Stord Sean Henry said, “When the pandemic started, companies were adopting Stord for agile capacity across their logistics networks to react. And it’s really gone from a reactive capacity to a core, staple strategy in the future of these enterprises.”
The Gunderson deal team was led by Maggie White and included Jessica Crabill.