PRESS RELEASE
9 August 2024

Goodwin Advises Aurascape In $12.8 Million Oversubscribed Series Seed Preferred Stock Financing

GP
Goodwin Procter LLP

Contributor

At Goodwin, we partner with our clients to practice law with integrity, ingenuity, agility, and ambition. Our 1,600 lawyers across the United States, Europe, and Asia excel at complex transactions, high-stakes litigation and world-class advisory services in the technology, life sciences, real estate, private equity, and financial industries. Our unique combination of deep experience serving both the innovators and investors in a rapidly changing, technology-driven economy sets us apart.
The Technology team advised Aurascape in its initial closing of its oversubscribed $12.8 million Series Seed preferred stock financing, led by Mayfield Fund. Other investors and shareholders included Celesta Capital, StepStone Group and AISpace.
United States

The Technologyteam advised Aurascape in its initial closing of its oversubscribed $12.8 million Series Seed preferred stock financing, led by Mayfield Fund. Other investors and shareholders included Celesta Capital, StepStone Group and AISpace, as well as several industry leaders including Mark McLaughlin, former Chairman and CEO of Palo Alto Networks.

Aurascape, a cybersecurity business based in Santa Clara, California, specializes in providing generative AI protection solutions against emerging cyber threats. Established by a world-class team of seasoned entrepreneurs and technologists with deep expertise in security, generative AI, and SaaS, the company is funded by top-tier VC firms and industry leaders.

The Goodwin team was led byCraig Schmitz,Scott Y. French,Justin Stein, andSusie Chen;Kevin LiuandPatrick Park.

For more information, read thepress release.

PRESS RELEASE
9 August 2024

Goodwin Advises Aurascape In $12.8 Million Oversubscribed Series Seed Preferred Stock Financing

United States

Contributor

At Goodwin, we partner with our clients to practice law with integrity, ingenuity, agility, and ambition. Our 1,600 lawyers across the United States, Europe, and Asia excel at complex transactions, high-stakes litigation and world-class advisory services in the technology, life sciences, real estate, private equity, and financial industries. Our unique combination of deep experience serving both the innovators and investors in a rapidly changing, technology-driven economy sets us apart.

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