Fenwick & West represented Drishti Technologies, Inc., a pioneer of action recognition and AI innovations for digitizing human actions inside the factory, in its $10 million Series A financing. Emergence Capital led the round with participation from Andreessen Horowitz and Benhamou Global Ventures, which invested in Drishti’s 2017 seed round.
Drishti will use the funds to continue addressing the challenge of unreliable data and analytics in major manufacturing business decisions and to extend factory workers’ capabilities. More information about Drishti’s $10 million Series A financing can be obtained from the company announcement.
The Fenwick transaction team was led by corporate lawyers Samuel Angus, James Li and Noah Johnson; and technology transactions lawyer John McNelis.