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Latham & Watkins Advises Alcatraz in US$50 Million Series B Financing
April 6, 2026
Firm represents the AI‑powered physical access control company in the financing round.
Alcatraz, which makes an AI‑powered physical access control system that authenticates employees without collecting personal data, has announced the close of a US$50 million Series B funding round, bringing total capital raised to more than US$100 million. The round was led by BlackPeak Capital, Cogito Capital, and Taiwania Capital, with participation from existing investors Almaz Capital, EBRD, Ray Stata, and others.
Latham & Watkins LLP represents Alcatraz in the transaction with a corporate team led by Bay Area partner Alex Kassai, with associates Chris Pham, Jack McKay, and Marc Lim.