Fenwick & West LLP represented DeviantArt, Inc., an online social network for artists and art enthusiasts, in its recent investment from Autodesk Inc. (NASDAQ: ADSK), a software design and service company. Although the financial terms of the transaction were not disclosed, this investment makes Autodesk the company’s largest investor.
The new funds will allow the company to expand and grow the DeviantArt community and become more engaged, including putting efforts into full mobile capabilities. More information about DeviantArt can be found on the company website and more about the investment from the TechCrunch website.
The Fenwick transaction team was led by corporate partner Sam Angus; and corporate associates Derek Huoth and Nam Kim.