Sapho’s $14 Million Series B Financing


O’Melveny advised Sapho, Inc. on its US$14 million series B funding round, which was led by Caffeinated Capital.

Sapho, Inc. develops micro application development and integration platform that enables organizations to create and deliver secure micro applications that tie into existing business systems and track changes to key business data. The company, led by Fouad ElNaggar, Peter Yared and Charles Christolini, is based in San Bruno (CA).

The funds will be used to build a global sales team and further Sapho’s goals of tripling the productivity and effectiveness of the enterprise workforce.

The O’Melveny team was led by partner Paul Sieben (Picture) with associates Chris Dombkowski and Snehal Desai.

Involved fees earner: Paul Sieben – O’Melveny & Myers LLP; Christopher Dombkowski – O’Melveny & Myers LLP; Snehal Desai – O’Melveny & Myers LLP;

Law Firms: O’Melveny & Myers LLP;

Clients: Sapho Inc. ;

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Author: Ambrogio Visconti