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Fenwick & West Represents Solum in $17M Series B Investment

July 03, 2012

Fenwick & West LLP represented Solum, Inc., an agricultural technology company that develops advanced measurement systems and software solutions that increase profitability by providing the information required to farm every acre optimally,  in its recently announced investment of $17 million in a Series B financing. The transaction was led by Andreessen Horowitz, and joined by existing investor Khosla Ventures. This round of funding will be used to support the company’s expansion in the global food production industry.

More information about the investment can be obtained from Solum’s official announcement: Solum Raises $17 Million in Series B Round Led by Andreessen Horowitz to Support Market Demand.

The Fenwick transaction team was led by corporate partner Dan Dorosin; and corporate associates Kristine Di Bacco and Ana Razmazma.