Goodwin Procter LLP advised Edge Capital on the deal.
Edge Capital announced the formation of Lead Edge Capital V (Fund V), which was oversubscribed and closed at $950 million of commitments from over 500 investors.
Lead Edge Capital is a growth stage investment fund with over $3 billion of capital raised since inception, and portfolio companies across the internet, software, consumer, and tech-enabled services sectors — including Alibaba Group, Asana, Bazaarvoice, Duo Security, Signal Sciences, Spotify, Toast, and TransferWise.
Lead Edge will target making equity investments of between $20 million and $150 million per portfolio company from Fund V.
The Goodwin team was led by Ilan Nissan (Picture), Eric Goldstein, Lindsay Reed, Brittany Cohen, and included Andrew Silvia, Bill Weiss, Sonita Bennitt, Patrick Menasco, and Bibek Pandey.
Involved fees earner: Sonita Bennitt – Goodwin Procter; Brittany Cohen – Goodwin Procter; Eric Goldstein – Goodwin Procter; Patrick Menasco – Goodwin Procter; Ilan Nissan – Goodwin Procter; Bibek Pandey – Goodwin Procter; Lindsay Reed – Goodwin Procter; Andrew Silvia – Goodwin Procter; William Weiss – Goodwin Procter;
Law Firms: Goodwin Procter;
Clients: Lead Edge Capital, LLC;