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Silicon Valley BankAdvisory Information

Visit our SVB Advisory Information page for updates, recommendations, and answers to key questions about developments involving Silicon Valley Bank.

Wilson Sonsini Goodrich & Rosati's legacy closely traces the birth and evolution of Silicon Valley.

For more than six decades, Wilson Sonsini has represented the technology pioneers associated with virtually every milestone innovation.

Today, the firm is synonymous with ushering promising, innovative companies through their business life cycle.

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Visit our SVB Advisory Information page for updates and answers to questions about developments involving Silicon Valley Bank.

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News and Featured Insights

News Articles
Three Wilson Sonsini Attorneys Recognized as "Top Women in Dealmaking"
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FDA Issues Framework for Digital Health Technologies in Drug and Biological Product Development
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"Sanctions Are the New FCPA": The Familiar Evolution of Sanctions Enforcement
Leading Matters
Client Highlights
Wilson Sonsini Advises Keyframe Capital on $110 Million Virtual Power Plant Agreement and Financing with Logical Buildings
On March 28, 2023, Logical Buildings, a leading provider of decarbonization technology and ESG solutions for the built world, announced it has closed a $110 million virtual power plant (VPP) project facility with Keyframe Capital. Wilson Sonsini Goodrich & Rosati advised Keyframe Capital on the VPP project facility and financing for this agreement with Logical Buildings.
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Client Highlights
Firm Advises Cognito Therapeutics on $73 Million Series B Financing
On March 22, 2023, neurotechnology company Cognito Therapeutics announced a $73 million Series B financing round. The financing was led by FoundersX Ventures with participation from all its existing investors. The round also included support from new investors Alzheimer’s Drug Discovery Foundation (ADDF), Starbloom Capital, IAG Capital and WS Investment Company. Wilson Sonsini Goodrich & Rosati advised Cognito on the transaction.
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Client Highlights
Wilson Sonsini Advises VirnetX on Dividend and Shareholder Agreement
On March 30, 2023, internet security company VirnetX announced a special cash dividend of $1.00 per share, as well as a cooperation agreement with shareholders Bradley L. Radoff and Michael Torok. Wilson Sonsini Goodrich & Rosati advised VirnetX on the transactions.
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Client Highlights
Wilson Sonsini Advises Mastercard on Privacy and Cybersecurity Aspects of Acquisition of AI-Driven Cybersecurity Platform by Baffin Bay Networks
On March 20, 2023, Mastercard announced it acquired cloud-based cybersecurity company Baffin Bay Networks, which offers the latest in AI technology to automatically filter and counteract malicious internet traffic. Based in Sweden, Baffin Bay Networks will add to Mastercard’s multi-layered approach to cybersecurity while mitigating exposure to risk across the ecosystem. The acquisition further strengthens Mastercard’s broader services offerings and value beyond the payment transaction.
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Wilson Sonsini Advises Obviously on Acquisition by WPP
On March 27, 2023, British advertising group WPP announced the acquisition of Obviously, a technology-led social influencer marketing agency based in New York, with operations in San Francisco and Paris. Founded in 2014, Obviously’s proprietary next-generation tech platform increases campaign efficiency and enables the company to service large-scale complex campaigns for enterprise clients, including Google, Ford, Ulta Beauty, and Amazon. Obviously offers a full stack of end-to-end services, including marketing strategy, influencer identification, content creation, campaign management, and robust reporting and analysis. Its team of nearly 100 people will join WPP subsidiary VMLY&R, a marketing agency with over 13,000 employees, accelerating the WPP agency’s investment in award-winning data and social media work.
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Client Highlights
Wilson Sonsini Advises EpiBiologics on IP Matters Related to $50 Million Series A Financing
On March 22, 2023, EpiBiologics, a biotechnology company building a next-generation antibody-based protein degradation platform for membrane and extracellular drug targets, launched with $50 million in Series A funding. The funding was co-led by Mubadala Capital and Polaris Partners, with participation from Vivo Capital and GV. The company’s technology platform is based on the scientific work of EpiBiologics’ co-founder and renowned antibody engineer Dr. Jim Wells of the University of California, San Francisco (UCSF), and the platform intellectual property has been exclusively licensed from UCSF.
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The Scramble: 2022 E-Gaming Legal Year in Review

The inaugural issue of the year in review featuring legal news from the front lines of gaming. In this issue, find out the sectors being funded, the state of intellectual property in gaming, statistics on past trends, and what our gaming lawyers are looking forward to in 2023.

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