Insider’s $121 Million Series D Financing

In UK Wilson Sonsini Goodrich & Rosati, advised on the matter.

Wilson Sonsini Goodrich & Rosati advised Insider with a team including Daniel Glazer (Picture – Corporate M&A).

Insider, a leader in personalized, cross-channel customer experiences, announced a $121 million Series D round led by QIA, at a $1.22 billion valuation. Other investors participating in the round included Sequoia Capital, Riverwood Capital, 212, Wamda Capital, Esas Private Equity, and Endeavor Catalyst. The additional capital will be used to fuel rapid global expansion, enhance the company’s core technology, and scale global sales and marketing investments. Insider has aggressive global hiring plans and anticipates creating more than 2,000 jobs over the next four years, with an emphasis on hiring female engineers to fill hundreds of R&D and product development positions.

A Wilson Sonsini Goodrich & Rosati team including Daniel Glazer (Picture), Michael Labriola, Elisa Sielski, and Doug MacKillop represented Insider in the transaction in concert with the company’s Turkish counsel Moroglu Arseven and Singaporean counsel Central Chambers.

Involved fees earner: Daniel Glazer – Wilson Sonsini Goodrich & Rosati; Michael Labriola – Wilson Sonsini Goodrich & Rosati; Doug MacKillop – Wilson Sonsini Goodrich & Rosati; Elisa Sielski – Wilson Sonsini Goodrich & Rosati;

Law Firms: Wilson Sonsini Goodrich & Rosati;

Clients: Insider ;

Author: Giulia Di Palma