Fenwick & West represented Skubana, an e-commerce operations platform provider, in its $5.4 million Series A financing. The round was led by Defy Partners and backed by Advancit Capital and FJ Labs.
With these funds, Skubana plans to significantly expand over the coming months, adding a slew of portfolio products to address the complex business needs of modern retail. The funds will also be allocated towards growing Skubana’s app store ecosystem to expand the platform’s functionality and reach. More information about Skubana’s $5.4 million Series A financing can be obtained from the company website.
The Fenwick transaction team was led by corporate lawyers Jonathan Sagot, Feihong Xu, Yashreeka Huq and Shajee Rizvi and Technology Transactions Partner Vejay Lalla.