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Weinhold Legal and Cytowski & Partners Advise ThreatMark on USD 23 Million Series A Round

Czech Republic
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Weinhold Legal and Cytowski & Partners have advised Czech Republic-based technology company ThreatMark on its series A financing round, securing an investment exceeding USD 23 million from London-based Octopus Ventures and The Riverside Company investment firm. Dentons' New York office reportedly advised Octopus Ventures. DLA Piper's New York office reportedly advised The Riverside Company.

ThreatMark focuses on behavioral analysis and fraud prevention in digital banking. According to Weinhold Legal, "the funds will be used to strengthen technological innovation and expand operations in key markets, including the United Kingdom and the USA."

The Weinhold Legal team included Solicitor Pav Younis, Associate Jakub Nedoma, and Junior Associates Matej Novak and Tomas Novak.

The Cytowski & Partners team included Partner Tytus Cytowski and Associates Eresi Uche, Fabiana Morales Centurion, Heidi Fan, and Kunal Kolhe.

Editor's Note: After this article was published, Dentons announced that it advised Octopus Ventures. The firm's team included Prague-based Partner David Simek and Associates Katerina Kucerova and Dusan Korbel as well as further team members in New York.

DLA Piper at a Glance

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

Firm's website.