Fenwick & West represented Centro, Inc., a provider of enterprise-class software for digital advertising, in its recently announced $30 million Series B investment by Neuberger Berman Private Equity Funds. This investment is NBPE’s first direct private stake in an advertising technology company, as it joins Centro’s existing investor FTV Capital.
The new investment will help Centro accelerate the adoption of its technology, acquire complementary technology in digital media and continue its expansion into global markets. More information about Centro’s $30 million Series B financing can be obtained from the company press release.
The Fenwick transaction team included corporate attorneys Mark Stevens, David Michaels, Ryan McRobert and Debbie Li.