DLA Piper advises Calendly in US$350 million Series B financing
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NEW YORK, Jan. 29, 2021 /PRNewswire/ -- DLA Piper represented Calendly, an Atlanta-based provider of appointment scheduling software, in its recent US$350 million Series B financing, resulting in its subsequent valuation at more than US$3 billion. The round was led by OpenView Venture Partners and included participation from Iconiq Capital.
The investment will be used to provide liquidity for early shareholders and employees, as well as to continue product innovation.
"We were pleased to bring our extensive experience providing strategic counsel to emerging companies in high-growth industries to assist Calendly with its Series B financing, which will enable the company to accelerate its growth and continue developing products that help its clients customize, streamline and automate their scheduling processes," said Brian Gordon, the DLA Piper partner who led the firm's deal team.