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5.20.26
Wilson Sonsini Advises Armada on $230 Million Series B
On May 19, 2026, Armada, the world’s first full-stack edge computing platform, revolutionizing connectivity, compute, and AI solutions where they’re needed most, announced that it has raised $230 million in an oversubscribed Series B financing at a $2 billion valuation. The round, which brings the company’s total funding to nearly half a billion dollars, was co-led by Overmatch, BlackRock, and 8090 Industries. Wilson Sonsini Goodrich & Rosati advised Armada on the transaction.
New strategic investors BlackRock, Johnson Controls, NightDragon, Mitsui, and Singtel Innov8 participated in the Series B round alongside existing investors including Overmatch, 8090 Industries, Felicis, Marlinspike, Shield Capital, Lux Capital, Founders Fund, Silent Ventures, Veriten, and Gladebrook. Armada will use the proceeds from the Series B to accelerate deployment of the U.S. AI stack and support customer demand growth across industries.
The Wilson Sonsini team that advised Armada on the transaction included Rezwan Pavri, Colin Conklin, Richa Sharma, Isaac Reed, and Jiyoon Song.
For more information, please see Armada’s news release.
New strategic investors BlackRock, Johnson Controls, NightDragon, Mitsui, and Singtel Innov8 participated in the Series B round alongside existing investors including Overmatch, 8090 Industries, Felicis, Marlinspike, Shield Capital, Lux Capital, Founders Fund, Silent Ventures, Veriten, and Gladebrook. Armada will use the proceeds from the Series B to accelerate deployment of the U.S. AI stack and support customer demand growth across industries.
The Wilson Sonsini team that advised Armada on the transaction included Rezwan Pavri, Colin Conklin, Richa Sharma, Isaac Reed, and Jiyoon Song.
For more information, please see Armada’s news release.
Client Highlights
5.07.26
Wilson Sonsini Advises Astranis on $450 Million Fundraise
On May 6, 2026, Astranis, an advanced satellite manufacturer, announced it has raised $450 million in new capital, bringing the company’s total raised to more than $1.2 billion as it scales to meet increased demand for its spacecraft designed for geostationary orbit and other high orbits. The funding includes a new $300 million Series E round co-led by Snowpoint Ventures and Franklin Templeton, with participation from Andreessen Horowitz, funds and accounts managed by affiliates of BlackRock, Baillie Gifford, and Fidelity Management & Research Company, as well as BAM Elevate, Nimble Partners, and Friends & Family Capital, along with other existing and new investors. A delayed-draw credit facility by Trinity Capital adds up to $155 million of additional capital to support the addition of new manufacturing capacity and support future growth. Wilson Sonsini Goodrich & Rosati advised Astranis on the transactions.
News Articles
4.28.26
Wilson Sonsini, Attorneys Recognized in Several Categories for The Recorder's 2026 California Legal Awards
On April 27, 2026, The Recorder announced the winners and finalists for its annual California Legal Awards, honoring the accomplishments of attorneys and companies leading technology, innovation, and the legal profession. Wilson Sonsini has been named as a finalist in the following categories:
Client Highlights
3.12.26
Wilson Sonsini Advises Thinking Machines Lab on Strategic Partnership with NVIDIA
On March 10, 2026, Thinking Machines Lab and NVIDIA announced a multi-year strategic partnership to deploy at least one gigawatt of next-generation NVIDIA Vera Rubin systems to support Thinking Machines’ frontier model training and platforms delivering customizable AI at scale. In addition, NVIDIA has made a significant investment in Thinking Machines to support the company’s long-term growth. Wilson Sonsini Goodrich & Rosati advised Thinking Machines on both the partnership and the investment.
The partnership between the companies also includes an effort to design training and serving systems for NVIDIA architectures and broaden access to frontier AI and open models for enterprises, research institutions, and the scientific community.
The Wilson Sonsini team that advised Thinking Machines on the transactions was led by Rezwan Pavri, Colin Conklin, and Chris Paniewski, and included Courtney Matteson, Jackie Jung, Mackenzie Tobin, and Parris Bass.
For more information, please see Thinking Machines’ blog post.
The partnership between the companies also includes an effort to design training and serving systems for NVIDIA architectures and broaden access to frontier AI and open models for enterprises, research institutions, and the scientific community.
The Wilson Sonsini team that advised Thinking Machines on the transactions was led by Rezwan Pavri, Colin Conklin, and Chris Paniewski, and included Courtney Matteson, Jackie Jung, Mackenzie Tobin, and Parris Bass.
For more information, please see Thinking Machines’ blog post.
Client Highlights
2.26.26
Wilson Sonsini Advises QuiverAI on $8.3 Million Seed Financing
On February 25, 2026, QuiverAI, an AI lab and product company focused on vector design and visual code generation, announced it has completed an $8.3 million seed round. The financing was led by Andreessen Horowitz (a16z) with participation from K Fund, JME, Mission, and angel investors. Wilson Sonsini Goodrich & Rosati advised QuiverAI on the transaction.
Client Highlights
2.10.26
Wilson Sonsini Advises Runway on $315 Million Series E
On February 10, 2026, Runway, an AI video generation start-up, announced a $315 million Series E funding round led by General Atlantic with participation from NVIDIA, Adobe Ventures, AllianceBernstein, AMD Ventures, Fidelity Management & Research Company, Mirae Asset, Emphatic Capital, Felicis, and Premji Invest. Wilson Sonsini Goodrich & Rosati advised Runway on the transaction.
Client Highlights
1.28.26
Wilson Sonsini Advises Zipline on $600 Million Financing
On January 21, 2026, Zipline, an American robotics company that designs, manufactures, and operates the world’s largest autonomous delivery system, announced that it has raised more than $600 million in financing, valuing the company at $7.6 billion. Wilson Sonsini Goodrich & Rosati advised Zipline on the transaction.
The funding includes participation from several existing and new investors, including Fidelity Management & Research Company, Baillie Gifford, Valor Equity Partners, and Tiger Global. Zipline will use the funds to accelerate its expansion into at least four new states this year, with Houston and Phoenix as the first two markets on that journey.
The Wilson Sonsini team that advised Zipline on the transaction includes David Wickwire, Jeana Kim, Rezwan Pavri, Kiri Yoshimura, Josh Gruenspecht, Sneha Dulski, and Barbara Mery.
The funding includes participation from several existing and new investors, including Fidelity Management & Research Company, Baillie Gifford, Valor Equity Partners, and Tiger Global. Zipline will use the funds to accelerate its expansion into at least four new states this year, with Houston and Phoenix as the first two markets on that journey.
The Wilson Sonsini team that advised Zipline on the transaction includes David Wickwire, Jeana Kim, Rezwan Pavri, Kiri Yoshimura, Josh Gruenspecht, Sneha Dulski, and Barbara Mery.
Client Highlights
1.07.26
Wilson Sonsini Advises OneStream on Acquisition by Hg
On January 6, 2026, OneStream, the leading enterprise finance management platform, announced that it has entered into a definitive agreement to be acquired by Hg, a leading investor in software, services, and data businesses. The all-cash transaction values OneStream at approximately $6.4 billion in equity value. Wilson Sonsini Goodrich & Rosati advised OneStream on this transaction in a continuation of its long-standing advisory relationship with the company, including leading OneStream’s Up-C IPO in July 2024.
Client Highlights
12.08.25
Firm Advises Check Point on $2 Billion Convertible Senior Notes Offering
On December 8, 2025, Check Point Software Technologies Ltd. completed an upsized offering of $2 billion aggregate principal amount of convertible senior notes due 2030 in a private transaction. The offering amount included the exercise in full of the option that Check Point had granted to the initial purchasers to purchase up to an additional $250 million of notes. In connection with the offering, Check Point entered into privately negotiated capped call transactions with an affiliate of one of the initial purchasers and certain other financial institutions.
Client Highlights
11.20.25
Wilson Sonsini Advises Peek on $70 Million Funding Round
On November 20, 2025, Peek, the operating system for experiences, announced a $70 million funding round led by growth equity firm Springcoast Partners. Existing investors include WestCap, Goldman Sachs Alternatives, Eric Schmidt, and Kayak founder Paul English. Wilson Sonsini Goodrich & Rosati advised Peek on the transaction.
Client Highlights
11.19.25
Wilson Sonsini Advises Bedrock Data on $25 Million Series A
On November 19, 2025, Bedrock Data, the modern DSPM platform provider for data-centric security, governance and management, announced $25 million in Series A funding led by Greylock Partners with participation from Mangusta Capital, Mantis Venture Capital, Pier 88 Investment Partners, and other investors.