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Latham & Watkins Advises Lightspeed Venture Partners in connection with Calm’s US$75 Million Series C Financing
December 10, 2020
An emerging companies team advised the lead investor in Calm’s Series C which bought the company’s valuation to US$2 billion.
Calm has announced that it has raised US$75 million in Series C financing, valuing the company at US$2 billion. Existing investor Lightspeed Venture Partners led the round with participation from TPG, Insight Venture Partners, Marc Benioff, and funds managed by Goldman Sachs Asset Management. This round brings total funding to date to $217 million.
Latham & Watkins LLP represents Lightspeed Venture Partners with an emerging companies team led by Bay Area partner Benjamin Potter, with Chicago associate Jana Kovich. Advice was also provided on technology transactions by Bay Area partners Anthony Klein and JD Marple, with associate Caroline Omotayo.