Hogan Lovells advises ISTARI on its cornerstone investment in, and strategic partnership with, Sonrai Security to scale multicloud security for global enterprises
Press releases
| 12
November
2021
London / Silicon Valley, 12 November 2021 – International law firm Hogan Lovells has advised ISTARI, a global cybersecurity platform, on its cornerstone investment in the US$50m Series C funding of Sonrai Security, a leader in public cloud security.
The new funding will be used to accelerate development and adoption of industry-first security platform for AWS, Azure and GCP. Read more here.
ISTARI’s investment in Sonrai Security forms part of its strategy of building a portfolio of investments based around its clients’ most pressing cybersecurity needs.
The Hogan Lovells team was led by Patrick Sarch, co-head of the UK M&A Practice, and Silicon Valley M&A partner, Nate Gallon. The multi-disciplinary team was coordinated by London senior associate, Anthony Doolittle, and included Denver IP partner, David Toy.
Commenting, Patrick Sarch said: “We were delighted to advise ISTARI on this exciting investment which will see Sonrai Security into its next stage of growth. The transaction is yet another example of the breadth of our practice and our ability as a firm to work seamlessly across practices and jurisdictions.”
ISTARI’s investment in Sonrai Security forms part of its strategy of building a portfolio of investments based around its clients’ most pressing cybersecurity needs.
The Hogan Lovells team was led by Patrick Sarch, co-head of the UK M&A Practice, and Silicon Valley M&A partner, Nate Gallon. The multi-disciplinary team was coordinated by London senior associate, Anthony Doolittle, and included Denver IP partner, David Toy.
Commenting, Patrick Sarch said: “We were delighted to advise ISTARI on this exciting investment which will see Sonrai Security into its next stage of growth. The transaction is yet another example of the breadth of our practice and our ability as a firm to work seamlessly across practices and jurisdictions.”
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