Fenwick & West represented Bolt, an online checkout startup, in its $68 million Series B funding co-led by Activant Capital and Tribe Capital, bringing the total amount raised to $90 million.
Bolt will use the capital to significantly scale their engineering team; invest in additional enterprise functionality for large retailers; partner with best in-breed ecommerce tools, shopping carts, and payments platforms; build advanced features, functionality and optimizations around the shopping experience; and expand global functionality. More information about Bolt’s $68 million funding can be obtained from the company announcement.
The Fenwick team was led by corporate partner Michael Brown and associates Lara Foster, Alex Petersen and Shajee Rizvi.