Fenwick & West represented G2VP, a leading venture capital firm investing in emerging technology companies that are creating value through the digitization of industries, in leading a $33 million Series C investment in Kespry, a leading aerial intelligence solution provider. Existing investors Lightspeed Venture Partners, DCM Ventures, Spectrum 28 and H. Barton Asset Management also participated in the round while Shell Technology Ventures, Cisco Investments and ABB Ventures joined as new investors.
Kespry will use the funds to extend the company’s end-to-end aerial intelligence platform and expand into new vertical industrial markets. More information about G2VP’s investment in Kespry’s $33 million Series C financing can be obtained from the company press release.
The Fenwick transaction team was led by corporate lawyers Matt Rossiter, Eric Shedlosky and David He.