Fenwick & West represented Veev Group Inc., an integrated real estate developer, in its $97 million Series B financing, which included $85 million in equity and $12 million in debt. This round was co-led by Zeev Ventures and Lennar Ventures, which drives Lennar Corporation's technology and innovation strategies. Additional participants in Veev funding to date include Eclipse Ventures, Green Spring Associates and Khosla Ventures with Western Technology Investment as the debt provider.
The funding will be used to accelerate the development of the Veev panelized building system, as well as to scale the business. More information about Veev Group’s $97 million Series B financing can be obtained from the company press release.
The Fenwick transaction team was led by corporate partner Idan Netser and corporate associates Andrew Harper and Myles Gutenkunst.