Home Legal Advice DLA Piper advises GuidePoint Safety in funding from ABS Capital Companions

DLA Piper advises GuidePoint Safety in funding from ABS Capital Companions

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DLA Piper represented GuidePoint Safety, a cybersecurity options chief enabling organizations to make smarter choices and reduce threat, in a current funding from ABS Capital Companions.

Based in 2011, GuidePoint companions with its clients to assessment, examine and suggest best-fit safety options primarily based on their distinctive surroundings and necessities. The corporate has bought a mixture of cybersecurity options and companies to greater than 2,000 US-based clients.

“We had been happy to pair our market-leading enterprise capital capabilities with our expertise advising corporations working within the cybersecurity house to help GuidePoint with this transaction, which can speed up GuidePoint’s development and allow it to proceed creating revolutionary options to difficult cybersecurity points,” mentioned Eric Grossman, the DLA Piper companion who led the agency’s deal crew.

“Eric and DLA Piper have been great companions to us for plenty of years, and I’m grateful to have leveraged their huge non-public fairness expertise in serving to us obtain a terrific consequence with our ABS Capital funding transaction,” mentioned Michael Volk, managing companion of GuidePoint Safety.

Along with Grossman (Northern Virginia), the DLA Piper crew representing GuidePoint Safety included companions Stacy Paz (Silicon Valley), Richard Marks (Washington, DC) and Brad Jorgensen (Austin); managing director Irma Isabel De Obaldia (Northern Virginia); of counsel Matthew VanderGoot (Northern Virginia); and associates Ryan Selis (Northern Virginia) and Phillip Lee (Washington, DC).

DLA Piper’s Rising Progress and Enterprise Capital follow consists of greater than 200 attorneys within the US who present strategic counsel to rising corporations in high-growth industries, together with biotech, manufacturing, communications, software program and semiconductors. In 2019, the agency dealt with greater than 697 enterprise capital financings totaling over US$10.three billion. Over the past three years, DLA Piper has accomplished greater than 2,100 financings totaling over US$31 billion.

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