Fenwick & West represented Life On Air, Inc., creators of the mobile application Meerkat, an iOS platform enabling users to stream live videos over Twitter, in a $14 million financing round. The round was led by Greylock Partners with additional participation from Aleph, Broadway Video Ventures, CAA Ventures, Dreamit Ventures, Entree Capital, Raine Ventures, Sherpa, Slow Ventures, Sound Ventures, UTA, Vayner/RSE, WME, Jared Leto, David Tisch and Chad Hurley, among others. As part of the financing, Josh Elman from Greylock will join the company’s board.
More information about Life On Air’s $14 million financing can be obtained from the company press release.
The Fenwick transaction team was led by corporate partners Cindy Hess and Bill Bromfield and corporate associates Derek Huoth, Seth Popick and Doug Sharp.