Foley & Lardner LLP recently represented Riverwood Capital as lead investor in the $110 million growth round of primary and secondary capital for SpyCloud, a cybersecurity platform that operationalizes identity analytics to automate the protection of digital identities.
SpyCloud’s platform identifies and remediates stolen employee and consumer session cookies, credentials, and emerging forms of authentication data being actively used by criminals to target enterprises, their customers, and their supply chains. Its latest solution, SpyCloud Compass, enables Post-Infection Remediation of malware exposures, including the compromised assets most likely to lead to ransomware attacks.
This growth round will drive further global expansion and accelerate product development.
Riverwood Capital invests in high-growth companies in the technology and technology-enabled industries. Riverwood offers a unique combination of operational, strategic, technology, and financial insight to portfolio companies that typically need growth capital and expertise to scale on a global basis. The Riverwood team included Jeff Parks, Harish Belur, Vizay Kotikalapudi, Pat Bertram, Don Standley, and Lisa Wong.
The multidisciplinary Foley team was led by partners Louis Lehot and Lyman Thai and included associates Erik Nguyen, Youn Jae Lee, Wesley Choi, and Trevor Mullin, with additional support from attorneys across 10 Foley offices.
Foley’s Venture & Growth Capital attorneys understand the complex and diverse needs of both venture funds and their portfolio companies and offer a broad range of services at each stage of development. The attorneys have insight into the unique needs of high-growth companies operating in the technology, life science, smart manufacturing, and clean energy sectors.