Ropes & Gray Advises General Catalyst in Financing Agreement with French Company Vade Secure
A Ropes & Gray team represented General Catalyst in its €70 million (approximately $80 million) financing agreement with Vade Secure. Vade Secure, a French company and global leader in predictive email defense, protects enterprises and small-medium businesses against email-borne cyber threats targeting their employees.
Vade Secure plans to use the new funding to accelerate its growth and global expansion, with a focus on building out a go-to-market strategy focused on servicing business customers through Managed Service Providers. General Catalyst will also invest heavily in advancing the platform's core machine learning-based threat detection capabilities as well as its native email security solution for Office 365. The financing agreement is currently pending regulatory approval by French authorities.
The Ropes & Gray team representing General Catalyst includes mergers & acquisitions partner Jane Goldstein, tax partner David Saltzman, benefits partner Alexandra Alperovich and associate Stephanie Lapidus.
The press release is available here.