Fenwick & West LLP represented Accel Partners, a global venture capital firm, in leading the recently announced $35 million Series C financing in Netskope, a leader in cloud app analytics and policy enforcement. Existing investors Lightspeed Venture Partners and The Social+Capital Partnership also participated in the round. As part of the investment, Eric Wolford of Accel will also join the Netskope board of directors.
The new funds will help the company accelerate research and development, sales, support and marketing efforts. More information about Accel Partners leading Netskope’s $35M Series C financing can be obtained from the company press release.
The Fenwick transaction team was led by corporate partner Steven Levine and corporate associate Luis Bacalao.