Wilson Sonsini Advises Panther Labs on $120 Million Series B
- Client Highlights
- Data Storage and Cloud
On December 2, 2021, Panther Labs, a cloud-scale security analytics platform trusted by leading brands, announced $120 million in Series B funding. Panther will invest the new capital in accelerating product development, expanding adoption of their solution within security teams of any size, and scaling support and enablement for its customers. This round brings Panther’s total funding to $140 million. The Series B round was led by Coatue Management, with new participation from ICONIQ Growth and Snowflake Ventures along with continued support from Lightspeed Venture Partners, S28 Capital, and Innovation Endeavors, putting Panther at a $1.4 billion-dollar, "unicorn" valuation.
Wilson Sonsini Goodrich & Rosati represented Panther Labs in the transaction. The team that advised Panther Labs includes corporate attorneys Yoichiro Taku, Lyman Thai, Alex Kwok, and Laura Garvey, antitrust attorney Todd Hahn, and paralegal Hayoung Kim.
For more information, please see Panther Labs’ press release.