Discord’s $500 Million Financing Round

Latham & Watkins represented Discord in the transaction while Gunderson Dettmer advised Dragoneer.

Discord Inc., a personal communications and digital distribution platform, has raised US$500 million in a new round of financing led by investment firm Dragoneer Investment Group. The deal values Discord at approximately US$15 billion.

Latham & Watkins LLP represented Discord in the transaction with an emerging companies deal team led by Bay Area partner Ben Potter (Picture) and Bay Area associate Michael Podolny, San Diego associate Madelyn Tarr, and Bay Area associate Adam Zuckerman. Advice was also provide on tax matters by Bay Area partner Jay Metz; on regulatory matters by Washington, D.C. partner James Barker; and on compliance matters by Washington, D.C. partner Les Carnegie and Washington, D.C. counsel Patrick English.

The Gunderson deal teams were led by Michael Allers, Ryan Purcell and Greg Volkmar and included, Hilary Adams, Eli Heller, David Styles, Allison Giebisch and Jeff Ong.

Involved fees earner: Hilary Adams – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Michael Allers – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Allison Giebisch – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Eli Heller – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Jeff Ong – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Ryan Purcell – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; David Styles – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Greg Volkmar – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; James Barker – Latham & Watkins; Les Carnegie – Latham & Watkins; Patrick English – Latham & Watkins; James Metz – Latham & Watkins; Michael Podolny – Latham & Watkins; Benjamin Potter – Latham & Watkins; Madelyn Tarr – Latham & Watkins; Adam Zuckerman – Latham & Watkins;

Law Firms: Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Latham & Watkins;

Clients: Discord; Dragoneer Investment Group;

Author: Martina Bellini