Fenwick represented Swell, a headless ecommerce platform, in its $20 million Series A financing. The round was led by VMG Catalyst and Headline, with participation from Bonfire Ventures, Willow Growth, Commerce Ventures, Red Antler and individual investors.
Swell expects to use the new funds to grow its team of 30 to 100 over the next 12 months and to expand its product development, including building an app ecosystem. More information can be obtained from this announcement about the financing.
The Fenwick transaction team was led by corporate partners Michael Brown and Thomas Kang and included associates Evan McCormick and Jeff Nwagbo.