Panther Labs’ $15 Million Series A Financing

Wilson Sonsini Goodrich & Rosati advised Panther Labs on the deal.

Panther Labs announced it has raised $15 million in a Series A financing led by Lightspeed Venture Partners, with participation from S28 Capital, Innovation Endeavors, and Fathom Capital. The latest round of funding will allow Panther Labs to accelerate development of its open source security platform designed as an alternative to legacy SIEMs. The investment brings the company’s total funding to $20.5 million.

Panther Labs was founded in 2018 by former Airbnb security alumni Jack Naglieri. With this round of funding, Panther will invest in key functions including sales, marketing, security, and engineering, with additional features coming to make its platform smarter, more portable, and easier to use.

The Wilson Sonsini team that represented Panther Labs in the transaction includes Yokum Taku (Picture), Lyman Thai, and Alex Kwok.

Involved fees earner: Alex Kwok – Wilson Sonsini Goodrich & Rosati; Yoichiro Taku – Wilson Sonsini Goodrich & Rosati; Lyman Thai – Wilson Sonsini Goodrich & Rosati;

Law Firms: Wilson Sonsini Goodrich & Rosati;

Clients: Panther Labs;

Author: Ambrogio Visconti