DLA Piper advises $108 million biometric firm funding
05 October 2020 17:33 GMT

DLA Piper represented Acesso Digital Tecnologia da Informação S.A., a software-as-a-service (SaaS) company based in Brazil, in its R$580 million (US$108 million) Series B financing. The round was led by General Atlantic and SoftBank.

Based in São Paulo, Acesso Digital is a technology company specializing in digital identity authentication solutions, including facial recognition, remote hiring and electronic signatures.

"It was a pleasure to represent Acesso Digital and its incredible team in this financing, which as reported was the largest Series B investment ever received by a SaaS company in Latin America," said Andre Thiollier, a member of DLA Piper's Corporate practice who led the firm's deal team. "Our broad experience advising technology and SaaS companies in emerging growth transactions and our proven ability to deliver sophisticated and practical cross-border legal guidance were key factors in the success of this transaction."

In addition to Thiollier (Silicon Valley), the DLA Piper team representing Acesso Digital included partner Anil Kalia (Silicon Valley) and associates Stasha Loeza (Seattle), Elizabeth Castellanos and Irene Hong (both of Silicon Valley). Acesso Digital was also advised by Veirano Advogados, including partner Sergio Bronstein, associates Paula Bobrow, Thiago Mendes de Oliveira and Bruno Habib Negreiros Barbosa and intern Samy Kauffmann; and Conyers Dill & Pearman, including partner Nicholas Pattman and associate Ali Low.

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