Fenwick & West represented Tile, a smart location company that helps people locate lost items, in its $25 million Series B-1 financing. Bessemer Venture Partners led the round with participation from existing investors including GGV Capital and Khosla Ventures, as well as new investor Lead Edge Capital.
The company will use the funds to accelerate growth by expanding its Platform strategy and growing the Tile community. More information about Tile’s $25 million Series B-1 financing can be obtained from the company press release.
The Fenwick transaction team was led by corporate lawyers Michael Esquivel, Kristine Di Bacco, Patrick Grilli, Doug Sharp and Elena Moreno Cloutier; and technology transactions attorney Stefano Quintini.