Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 11-11-2020 | Practice Area: | Corporate and M&A |
| Deal Title: | DataFleets Seed Round Led by AME Cloud Ventures/Morado Ventures | Industry: | Software & Computer Services |
| Description: |
DataFleets announced its USD4.5 million Seed round co-led by AME Cloud Ventures (Jerry Yang of Yahoo!) and Morado Ventures. The round also included Lightspeed Venture Partners, Peterson Ventures, Mark Cuban, LG (the Korean tech conglomerate), Marty Chavez (President of the Board of Overseers of Harvard), Stanford-StartX fund, and some of the founders of the unicorn startups Rappi, Quora, and Lucid Software. A product-first organization, DataFleets intended to use the funds to expand its suite of enterprise products and add new engineering and technical talent.
Latham and Watkins LLP represented DataFleets in the transaction.
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| Financial Center: | Silicon Valley | Value: | 0.00-100.00 |
| Advised Party: | Investee | Law Firm | Latham & Watkins |
| Investee 1 Jurisdiction | United States | Investee 2 Jurisdiction | United States |
| Classification: |
Venture and Growth Capital Software |
Lawyer | Jack Sheridan |
