Orrick has advised StepStone on leading a USD 100 million Series D funding round for Cyberhaven that also saw the participation of Schroders and Industry Ventures.
StepStone is a private markets firm providing investment, portfolio monitoring, and advice to investors.
Cyberhaven is a Palo Alto-based AI-powered data security company. It was founded by Romanians Cristian Zamfir, George Candea, and Radu Banabic and Ukrainians Volodymyr Kuznetsov and Vitaly Chipounov. The funds will be used to expand Cyberhaven’s platform through both M&A and organic innovation and to enhance its market reach via go-to-market investments.
The Orrick team was led by Partner Shawn Atkinson.