Orrick Advises PagerDuty on $90 Million Series D


Orrick has advised PagerDuty on its $90 million Series D financing round. Led by T. Rowe Price Associates and Wellington Management, existing investors Accel, Andreessen Horowitz and Bessemer Venture Partners joined the round.

This investment is PagerDuty's largest financing to date and brings its valuation to $1.3 billion. The company has raised $173 million to date. PagerDuty is a leading digital operations management platform for organizations, based in San Francisco. It plans to use the proceeds to expand its platform for real-time operations.

The Orrick team advising PagerDuty on this round included John Bautista, Christopher Austin, Karen Dempsey, Nancy Chen, Julia Ledbetter, Christopher Reynolds, Steve Malvey, Katherine Hogan and Bella Gelin, as well as the Orrick Analytics team, including Alexa Ponist and Matthew Steranko.