Fenwick & West represented Tile, Inc., makers of the tiny wearable for the things you never want to lose, in a $13M venture financing. This includes a $9.5 million Series A round led by GGV Capital and a $3.5 million seed round led by Tencent. As part of the recent Series A round, Jeff Richards, managing partner of GGV, has joined the board of directors.
With this new round of funding, the company will accelerate development of its Android app and build on its vision of creating the world’s largest lost and found by scaling production to meet global demand. More information about Tile’s $13M venture financing can be obtained from the company announcement.
The Fenwick transaction team was led by corporate partner Michael Esquivel and corporate associates Amit Khanna and Neil Dugal.