Orrick Advises Splyt on $19.5 Million Series B Funding Round

June.18.2020

Orrick has advised London-based B2B mobility marketplace Splyt Technologies on its $19.5 million Series B financing round, led by Softbank. Other investors in the round included American Express Ventures. In conjunction with the investment, Splyt and SoftBank also formed a business partnership, and Daichi Nozaki, SoftBank Corp. VP and Head of the Global Business Division, will join Splyt’s board of directors. With this investment, Splyt aims to expand its leading global network with additional mobility services.

The Orrick team advising Splyt was led by Shawn Atkinson and included Alec Smith, Alex Sobolev, Ben Stafford and David O’Donovan. Orrick previously advised Splyt on its Series A round in March 2019 and counsels the company on corporate, intellectual property, employment and compliance matters on a global basis.