Fenwick Represents Kyndi in its $20 Million Series B Funding

Fenwick & West represented Kyndi, an artificial intelligence company building the first explainable AI platform, in its $20 million Series B funding led by Intel Capital, with participation from UL Ventures, PivotNorth Capital and existing investors.

The new funding will be used to expand the company's engineering and sales teams to meet growing customer demand in government, financial services and life sciences. More information about Kyndi’s $68 million funding can be obtained from the company’s press release.

The Fenwick transaction team was led by corporate partner Mark Leahy and associates Lisa Richards and Will Black.