Paul, Weiss, Rifkind, Wharton & Garrison advised D1 Capital in the transaction.
Highspot finalized its $248 million Series F funding round. D1 Capital is a new investor in Highspot and co-led the round with B Capital Group. Highspot’s total funding is now $648 million, bringing its post-funding valuation to $3.5 billion.
The investment will fuel Highspot’s international expansion, product development and hiring across the business. Existing investors ICONIQ Growth, Madrona Venture Group, Salesforce Ventures, Sapphire and Tiger Global Management also participated in the round.
Highspot is a sales enablement platform that increases the performance of sales teams.
The Paul, Weiss team included corporate partners Ted Ackerman (Picture), Raphael Russo and Udi Grofman, and tax partner David Mayo.
Involved fees earner: Edward Ackerman – Paul Weiss Rifkind Wharton & Garrison; Udi Grofman – Paul Weiss Rifkind Wharton & Garrison; David Mayo – Paul Weiss Rifkind Wharton & Garrison; Raphael Russo – Paul Weiss Rifkind Wharton & Garrison;
Law Firms: Paul Weiss Rifkind Wharton & Garrison;
Clients: D1 Capital Partners;