Stubbs Alderton & Markiles, LLP announced that it represented client, Moving Analytics in its $6M Series Seed-2 round. Moving Analytics' mission is to conquer heart disease as the leading cause of death through digital prevention programs that serve over 1 million people annually. We leverage our experience in medicine, design, engineering, and other areas to deliver patient care safely and effectively each day.
For the full press release regarding the Moving Analytics $6M Series Seed-2 Funding: https://www.prweb.com/releases/moving_analytics_raises_6m_to_increase_virtual_cardiac_rehab_solutions_and_expand_team_amidst_telehealth_industry_growth/prweb17868380.htm
SA&M Attorneys Advising Moving Analytics in this transaction included:
Caroline Cherkassky & Jared Brenner
About Stubbs Alderton & Markiles’ Venture Capital & Emerging Growth Practice
As a result of the Firm’s deep roots in the emerging growth market, Stubbs Alderton & Markiles understands the unique practical business needs of early-stage and high-growth companies. The Firm typically acts as outside general counsel to its emerging growth clients, including participating in board-level discussions and serving as an extension of the management team. The Firm strives to understand its clients’ business and markets and give them senior-level attention, which enables the Firm to provide practical and cost-effective legal advice. Representing private companies as they seek funding from venture capital firms, angel investors or other investors has been a key component of the Firm’s practice. The Firm also represents and has extensive relationships with the most prominent venture capital firms and angel investor groups in Southern California. The Firm has extensive experience in advising on a wide range of financing structures, including seed and angel investor financings, venture capital investments, private equity and other institutional financings, bridge loans, and PIPE transactions for public companies. The Firm’s representation of cutting-edge companies and leading investors allows it to stay apprised of developing market trends and, where appropriate, to make introductions to investors and companies.
Stubbs Alderton & Markiles, LLP announced that it represented client IRIS.TV in its $18M Series B Funding round. IRIS.TV ingests millions of videos every day from the world's largest broadcasters, publishers, and content creators around the world. Each video is then analyzed and assigned hundreds of additional data segments to build a more comprehensive understanding of each individual video. These new data segments can be utilized for many solutions including video recommendations, analytics, insights, contextual video ad targeting, and the creation of additional first-party data. We believe the world's premium video content and journalism should be easier for users to discover and for marketers to target and align their messaging.
For the full press release regarding the IRIS.TV $18M Series B Funding: https://www.wsj.com/articles/intel-backs-video-data-firm-offering-an-ad-targeting-alternative-to-cookies-11617789600?page=1&utm_campaign=2021%20-%20Series%20B%20Announcement&utm_medium=email&_hsmi=120057069&_hsenc=p2ANqtz-80y_Kw30GvsfzxZelyj_nWNZ_2UNOxfbgl9OTeXNjTCT48LRVVA8RB-At94QZEWguBEBWZQvOnu0kHat-AFNm79yy-X6uHC-tyLm9T2AzWcHKGu08&utm_content=120057069&utm_source=hs_email
SA&M Attorneys Advising IRIS.TV in this transaction included:
Louis Wharton: Louis Wharton is a Partner of the firm. Louis’ practice focuses on advising venture capital funds and angel networks, along with middle-market, emerging growth, early-stage and public companies in corporate finance, mergers and acquisitions, securities compliance and general corporate matters. Louis counsels clients in the technology, e-commerce, and digital media industries, among others.
Kelly Laffey: Kelly Siobhan Laffey is senior counsel of the firm and the Director of Business Affairs at the Preccelerator. Kelly’s practice focuses on advising emerging growth and middle market companies in the technology, digital, internet, fintech, interactive media (i.e., AR and VR), and entertainment industries. Kelly counsels clients on issues related to corporate governance and formation, venture capital and other financings, joint ventures, employee compensation, complex stockholder and operating agreements, securities law regulation and other general corporate matters. Kelly also advises investors and funds in connection with venture capital and other financings.
Daniel Garber: Daniel Garber is an Associate of the Firm. Daniel’s practice focuses on corporate transactions, including venture capital financings, mergers and acquisitions, securities law compliance, and other general corporate and business matters.
About Stubbs Alderton & Markiles’ Venture Capital & Emerging Growth Practice
As a result of the Firm’s deep roots in the emerging growth market, Stubbs Alderton & Markiles understands the unique practical business needs of early-stage and high-growth companies. The Firm typically acts as outside general counsel to its emerging growth clients, including participating in board-level discussions and serving as an extension of the management team. The Firm strives to understand its clients’ business and markets and give them senior-level attention, which enables the Firm to provide practical and cost-effective legal advice. Representing private companies as they seek funding from venture capital firms, angel investors or other investors has been a key component of the Firm’s practice. The Firm also represents and has extensive relationships with the most prominent venture capital firms and angel investor groups in Southern California. The Firm has extensive experience in advising on a wide range of financing structures, including seed and angel investor financings, venture capital investments, private equity and other institutional financings, bridge loans, and PIPE transactions for public companies. The Firm’s representation of cutting-edge companies and leading investors allows it to stay apprised of developing market trends and, where appropriate, to make introductions to investors and companies.
Stubbs Alderton & Markiles’ client NEOGOV, the leading talent management software platform focused on government, education and public sector clients announced that Warburg Pincus, a global private equity firm focused on growth investing has invested in them. Terms of the transaction were not disclosed.
Founded in 2000, NEOGOV provides market-leading software-as-a-service (SaaS) talent management solutions to automate and streamline the recruitment, onboarding and performance evaluation processes for government and other public sector institutions. NEOGOV’s software is designed specifically for the unique human capital management requirements of these complex and regulated end-markets and serves more than 1,500 organizations including over 40% of the largest U.S. cities and more than 20 state customers.
“The team at NEOGOV has built the leading provider of human capital management software to the public sector,” said Alex Berzofsky, Managing Director, Warburg Pincus. “We are excited to invest in the company and partner with the NEOGOV management team as they continue to broaden the product platform and identify additional opportunities to serve their large and growing customer base.”
“Warburg Pincus has deep experience in cloud-based software and the firm will be a valuable partner as we continue to focus on growing our whole talent management suite tailored for the local government sector,” said Damir Davidovic, Founder and Chief Executive Officer of NEOGOV. “With this investment, we plan to enhance our product offerings, serve more customers and accelerate the growth of the business.”
“As more companies continue to use SaaS-based systems to deliver HR solutions, we see a significant growth opportunity for NEOGOV given it is configurable specifically for the needs of the public sector, where fewer organizations have adopted these technologies,” said Brian Chang, Principal, Warburg Pincus.
Stubbs Alderton attorneys representing NEOGOV in this deal were Sean Greaney and Scott Alderton.
About NEOGOV
NEOGOV HR software automates the entire hiring, onboarding and performance evaluation process, including position requisition approval, automatic minimum qualification screening, test statistics and analysis, and EEO reporting. NEOGOV works with more than 1,500 federal, state and local government, universities and K-12 organizations nationwide, ranging in size from 100 to over 100,000 employees, including agencies such as the State of South Carolina, the State of Tennessee, City of Dallas, TX; City of Houston, TX; Baltimore County, MD; City and County of Denver, CO; City and County of Honolulu, HI; City of Nashville, TN; and more than 25% of California’s Counties, including Santa Clara County, San Bernardino County, San Diego County, Los Angeles County, and Orange County. Because NEOGOV’s solutions are both easy-to-use and fast to implement, it is able to offer a public sector model that is low risk, but offers a high ROI at the same time.
About Warburg Pincus
Warburg Pincus LLC is a leading global private equity firm focused on growth investing. The firm has more than $40 billion in private equity assets under management. The firm’s active portfolio of more than 120 companies is highly diversified by stage, sector and geography. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Founded in 1966, Warburg Pincus has raised 15 private equity funds, which have invested more than $58 billion in over 760 companies in more than 40 countries. Warburg Pincus has been an active investor in SaaS companies, with current investments including The Gordian Group, DocuTAP, Liaison International, PayScale, and Avalara, among others.
About Stubbs Alderton & Markiles, LLP
Stubbs Alderton & Markiles, LLP is a business law firm with robust corporate, public securities, mergers and acquisitions, entertainment, intellectual property, brand protection and business litigation practice groups focusing on the representation of, among others, venture backed emerging growth companies, middle market public companies, large technology companies, entertainment and digital media companies, investors, venture capital funds, investment bankers and underwriters. The firm’s clients represent the full spectrum of Southern California business with a concentration in the technology, entertainment, videogame, apparel and medical device sectors. Our mission is to provide technically excellent legal services in a consistent, highly-responsive and service-oriented manner with an entrepreneurial and practical business perspective. These principles are the hallmarks of our Firm. www.stubbsalderton.com
For more information about our Venture Capital & Emerging Growth Practice, contact Sean Greaney at or (818) 444-4554