General Catalyst’s €70 Million Financing Agreement with Vade Secure

Ropes & Gray advised General Catalyst on the deal

General Catalyst executed its €70 million financing agreement with Vade Secure.

Vade Secure, a French company and global leader in predictive email defense, protects enterprises and small-medium businesses against email-borne cyber threats targeting their employees.

Vade Secure plans to use the new funding to accelerate its growth and global expansion, with a focus on building out a go-to-market strategy focused on servicing business customers through Managed Service Providers. General Catalyst will also invest heavily in advancing the platform’s core machine learning-based threat detection capabilities as well as its native email security solution for Office 365. The financing agreement is currently pending regulatory approval by French authorities.

The Ropes & Gray team representing General Catalyst includes mergers & acquisitions partner Jane Goldstein (Picture), tax partner David Saltzman, benefits partner Alexandra Alperovich and associates Stephanie Lapidus and Hanah Kim.

Involved fees earner: Alexandra Alperovich – Ropes & Gray; Jane Goldstein – Ropes & Gray; Hanah Kim – Ropes & Gray; Stephanie Lapidus – Ropes & Gray; David Saltzman – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: General Catalyst Partners;

Author: Ambrogio Visconti