Global law firm K&L Gates LLP advised Feldera, Inc., a real-time data processing and analytics company, in connection with its US$15.4 million Series A preferred stock financing.
The financing round was led by Innovia Venture Fund and included participation from Battery Ventures and Costanoa Ventures. The proceeds will support Feldera's continued growth and development of its platform, which enables organizations to process and analyze large-scale streaming and batch data in real time.
The Seattle-based team was led by partner Gary Kocher and included partner Francisco Olmedo and associates Doug Logan and Kali Peeples.
“Feldera has developed a compelling technology platform at the intersection of data infrastructure and real-time analytics,” Kocher said. “We were pleased to advise the company on this important financing and look forward to supporting its continued growth.”
K&L Gates’ Corporate practice is one of the most substantial in the legal industry, with hundreds of lawyers in offices across the globe providing clients with practical legal solutions in the structuring, financing, and closing of domestic, international, and cross-border transactions.