Fenwick represented Simbe, a leading provider of Store IntelligenceTM solutions, in its $50 million Series C funding. The round was led by Growth Equity at Goldman Sachs Alternatives (“Goldman Sachs”), with participation from Eclipse and Valo Ventures and other existing investors.
Simbe will use the funds to meet surging demand for retail technology across retail verticals, expand into new product areas, and continue scaling its best-in-class solutions to retailers and brands around the world. More information can be obtained from the company’s announcement.
The Fenwick transaction team was led by corporate partners Michael Brown and Patrick Grilli and included associates Melinda Banki, Liz Malmen, and Blair Mills.