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Akin Gump Advises Francisco Partners in iboss Financing

January 5, 2021

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(New York) – iboss, the leader in cloud delivered network security, announced it has raised $145 million in new funding. The financing, co-led by Francisco Partners, which was advised by a team at Akin Gump, will be used to support the company’s growth.

The new funding comes as the COVID-19 pandemic has accelerated the ongoing shift to cloud-based cybersecurity providers. To learn more, please click here.

The Akin Gump team advising Francisco Partners was led by Dan Fisher, head of the firm’s integrated special situations group, and fellow partner Fred Lee. In the past year, they advised Francisco Partners in two other financings, including a $30 million financing of NextCapital in September (click here to learn more) and a $225 million financing of Eventbrite last May (click here to learn more).

Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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