Lowenstein represented mParticle, the leading customer data infrastructure company, in raising $150 million in Series E funding, led by Permira's growth fund, which backs tech-enabled and digital businesses. The existing investor base also participated in the round alongside new backers, including former Adobe CFO Mark Garrett and New England Patriots All-Pro punter Jake Bailey. The funding will support mParticle's continued global go-to-market expansion, as well as significant R&D investment as demand for customer data infrastructure continues to accelerate.
mParticle enables businesses to easily manage the immense growth of data volumes moving to and from sources, systems, APIs, and applications. Teams across companies such as Klarna, NBCUniversal, Spotify, and Airbnb use mParticle to deliver great customer experiences and accelerate growth. Founded in 2013, mParticle is headquartered in New York City with offices in San Francisco, Seattle, Sydney, and London.
The Lowenstein deal team included Eric Weiner, Ed Zimmerman, Brian A. Silikovitz, Zarema A. Jaramillo, Valeska Pederson Hintz, Marc S. Kurzweil, Jack Sidorov, Brendan J. Koeth, Samantha Fox, Oluwaseyi O. Amorin, and Chad M.P. Weeks.
About Lowenstein Sandler LLP
Lowenstein Sandler is a national law firm with over 350 lawyers based in New York, New Jersey, Palo Alto, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.