Spatial Networks’ $42.5 Million Series A Financing Round


O’Melveny & Myers LLP represented Kayne Partners, the growth equity group of Kayne Anderson Capital Advisors, L.P., in its investment.

Spatial Networks, the creator of Fulcrum, the leading geospatial data collection and analysis platform for field operations, today announced that it has closed an investment of $42.5 million led by Kayne Partners, the growth equity group of Kayne Anderson Capital Advisors, L.P., and Kennet Partners, Ltd. The funding will primarily be used to scale the company’s sales and marketing capabilities, accelerate its product development roadmap, and further expand the Fulcrum data collection platform into international markets. The company has appointed Jim Grady CEO to oversee all aspects of the company’s strategy and execution globally.

Spatial Networks drives digital transformation of field workforces via Fulcrum, an AI-powered data collection platform for commercial field workers.

The O’Melveny team was led by David Smith (Picture), Robert Blashek, Chris Del Rosso, and Greta Lichtenbaum, and included counsel Aaron Cha, Shawmir Naeem, David Ribner, and associate Robert Catmull.

Involved fees earner: Robert Blashek – O’Melveny & Myers LLP; Robert Catmull – O’Melveny & Myers LLP; Aaron Cha – O’Melveny & Myers LLP; Chris Del Rosso – O’Melveny & Myers LLP; Greta Lichtenbaum – O’Melveny & Myers LLP; Shawmir Naeem – O’Melveny & Myers LLP; David Ribner – O’Melveny & Myers LLP; David Smith – O’Melveny & Myers LLP;

Law Firms: O’Melveny & Myers LLP;

Clients: Kayne Anderson Capital Advisors, L.P.;

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Author: Ambrogio Visconti