Fenwick & West represented Illumio, Inc., a software security company, in a $100 million Series C financing. Participating in the round are new investors BlackRock Funds and Accel Partners, joined by existing venture investors Formation 8, Andreessen Horowitz and General Catalyst. Also participating are Microsoft Chairman John W. Thompson, Salesforce CEO Marc Benioff and Yahoo co-founder Jerry Yang.
Illumio will use the new funding to meet rapidly increasing demand for the Illumio Adaptive Security Platform (ASP)™, invest in R&D to drive additional platform expansion, grow its sales and marketing efforts, and fuel international expansion. More information about Illumio’s $100 Million Series C financing can be obtained from the company press release.
The Fenwick transaction team was led by corporate partner Michael Brown and corporate associates Vishal Dave and Jordan Roberts.