Fenwick & West Represents Maxta in $25M Series B Financing

May 07, 2014

Fenwick & West LLP represented Maxta, Inc., a developer of the VM-centric storage platform MxSP™ that turns standard servers into a converged compute and storage solution for virtualized environments, in its recently announced $25 million Series B financing. The round was led by new investors Tenaya Capital and Intel Capital, with participation from existing investor Andreessen Horowitz.

The Fenwick transaction team included corporate partner Cindy Hess; corporate of counsel Brian Hicks and corporate associate Derek Huoth.