Fenwick & West represented Tile, Inc., a smart location company that helps people locate lost items, in its $45 million Series C financing with a minority growth investment led by Francisco Partners, a global technology-focused private equity firm.
The investment will accelerate plans to expand Tile’s embedded partnerships whereby third party products become findable just like Tile’s popular first party devices. The investment will also allow Tile to grow more aggressively internationally, expand into new product categories and enhance its Premium service to deliver more peace of mind to its growing community of users. More information about Tile’s $45 million Series C financing can be obtained from the company press release.
The Fenwick transaction team was led by corporate lawyers Michael Esquivel, Ethan Skerry, Patrick Grilli, Will Black, Doug Sharp and Elena Moreno Cloutier; technology transactions lawyer Stefano Quintini; and executive compensation and employee benefits lawyer Shawn Lampron.