Fenwick represented Universe, developer of a website building platform designed to empower everyone to build the internet, in its $30 million Series B financing. The round was led by Addition with participation from existing investors Google Ventures, Javelin Venture Partners, Box Group and more.
Universe will use the funds to double down on its GRID system, expand its commerce offering for upstart brands and bring its GRID platform to more platforms and devices. More information can be obtained from the company’s announcement.
The Fenwick transaction team was led by corporate partner Dawn Belt and included associates Christine Chen, Shajee Rizvi; and technology transactions partner Jennifer Stanley and associate Sankalp Kandaswamy.