Fenwick Represents Tonkean in $50 Million Series B Financing

Fenwick represented Tonkean, an enterprise no-code process orchestration platform, in its $50 million Series B financing. The round was led by Accel and included participation from existing investors Lightspeed Ventures and Foundation Capital, as well as investments from several prominent tech leaders.

The funding will allow Tonkean to scale up hiring to its engineering and go-to-market teams and invest further in its no-code orchestration platform for business operations. More information can be obtained from the company’s announcement.

The Fenwick transaction team included corporate partners Cynthia Hess and Patrick Grilli and associates Tracy Kennberg and Grace Fernandez.