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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.
Client Highlights
10.22.25
Wilson Sonsini Advises Uniphore on $260 Million Series F Financing
On October 22, 2025, Uniphore, the Business AI company, announced the close of its $260 million Series F round. NVIDIA, AMD, Snowflake, and Databricks invested in the round and were joined by financial and sovereign investors including NEA, March Capital, BNF Capital, National Grid Partners, and Prosperity7 Ventures. The new capital will accelerate innovation on its AI and data platform—Business AI Cloud—while deepening its ecosystem.
Client Highlights
8.28.25
Wilson Sonsini Advises Uniphore on Orby AI and Autonom8 Transactions
On August 28, 2025, Uniphore, the Business AI company, announced that it has acquired Orby AI, Inc. and intends to acquire Autonom8, Inc., two AI-native companies that will enhance the capabilities of Uniphore’s Business AI Cloud. Both teams bring top AI research and engineering talent from DeepMind and Google, adding unmatched expertise and proven innovation to push the boundaries of Business AI. Wilson Sonsini Goodrich & Rosati advised Uniphore on both transactions.
Client Highlights
3.14.25
Wilson Sonsini Advises Flock Safety on $275 Million Financing
On March 13, 2025, Flock Safety, the leading safety technology platform helping communities thrive, announced a $275 million fundraise at a $7.5 billion valuation. The investment will fuel product innovation, research and development, and U.S.-based manufacturing, furthering Flock Safety’s mission to eliminate crime and create thriving communities. A Wilson Sonsini Goodrich & Rosati team led by Rezwan Pavri and Colin Conklin advised Flock Safety on the transaction.
Client Highlights
12.12.24
Wilson Sonsini Advises Underwriters on ServiceTitan’s $625 Million IPO
On December 11, 2024, ServiceTitan, Inc., the software platform that powers the trades, announced the pricing of its initial public offering of 8,800,000 shares of its Class A common stock at a public offering price of $71.00 per share. In addition, ServiceTitan has granted the underwriters a 30-day option to purchase up to an additional 1,320,000 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the Nasdaq Global Select Market on December 12, 2024, under the ticker symbol “TTAN.” The offering is expected to close on December 13, 2024, subject to customary closing conditions. Wilson Sonsini Goodrich & Rosati is advising the underwriters on the transaction.
Client Highlights
8.01.24
Wilson Sonsini Advises Astranis on $200 Million Series D
On July 24, 2024, San Francisco-based Astranis, a leader in developing and operating low-cost telecommunication satellites, announced the successful completion of a $200 million Series D funding round led by long-time investor a16z Growth Fund and co-led by BAM Elevate, a growth-stage investor backed by investment firm Balyasny Asset Management, with participation from BlackRock, Fidelity, and Baillie Gifford. This transaction brings the company's total capital raised to $750 million. Wilson Sonsini Goodrich & Rosati advised Astranis on the transaction.
Client Highlights
7.24.24
Wilson Sonsini Advises Clio on $900 Million Series F Transaction
On July 23, 2024, Clio, a global leader in legal technology, announced the completion of a US $900 million Series F investment round led by New Enterprise Associates. The round also includes new partners Goldman Sachs Asset Management, Sixth Street Growth, CapitalG, and Tidemark, who join current investors TCV, JMI Equity, funds and accounts advised by T. Rowe Price Associates, Inc. and T. Rowe Price Investment Management, Inc., respectively, and OMERS. Clio's valuation now stands at $3 billion. Wilson Sonsini Goodrich & Rosati advised Clio on the transaction.
Client Highlights
7.16.24
Wilson Sonsini Advises Armada on $40 Million Funding Round
On July 11, 2024, edge computing company Armada announced a $40 million funding round led by M12 (Microsoft's Venture Fund), raising its total to over $100 million. This funding comes as all Armada products are now available in the Microsoft Azure Marketplace, with Azure customers able to use pre-committed Azure spend on Armada products. Customers have brought Armada's technology to 43 countries. These customers include global oil and gas conglomerates, CPG and entertainment companies, state government agencies, and more. In addition to Armada's deep collaboration with Starlink, the company has recently signed partnerships with Halliburton, Edarat Group, Skydio, and many others to enhance offerings and distribute Armada’s solutions globally. This global presence is a testament to Armada's robust and scalable solutions, which can transform industries ranging from defense and mining to healthcare and education.
Client Highlights
5.30.24
Wilson Sonsini Advises Plenful on $17 Million Series A
On May 30, 2024, Plenful, an AI workflow automation platform streamlining pharmacy and healthcare operations, announced the completion of a $17 million Series A financing led by TQ Ventures, with participation from Bessemer Venture Partners, Mitchell Rales (Co-founder and Chairman of Danaher), Susa Ventures, and existing investors. Wilson Sonsini Goodrich & Rosati advised Plenful on the transaction.
Client Highlights
5.14.24
Wilson Sonsini Advises DoorDash on $800 Million Credit Facility
On May 1, 2024, DoorDash announced that the company entered into an amendment agreement pursuant to which its existing revolving credit and guaranty agreement was amended and restated in its entirety to provide for an increase in the existing unsecured revolving loan facility from $400 million to an aggregate principal amount of up to $800 million, with an increase to the letter of credit sublimit from $200 million to $600 million. The amendment agreement also extended the maturity date for the revolving credit facility from August 7, 2025, to April 26, 2029. The proceeds of revolving loans made under the restated credit agreement may be used for working capital and general corporate purposes.