King & Spalding Advised Virtru On $50 Million Series D Financing

King & Spalding advised Virtru on $50 Million Series D Financing

King & Spalding advised Virtru, a Washington, D.C.-based data security company, on its $50 million Series D financing, led by ICONIQ Capital, with participation from existing investors Bessemer Venture Partners, Foundry Capital, and Chertoff Group.

Virtru provides innovative data protection solutions to organizations seeking to secure their most sensitive digital information. The new investment will support Virtru’s continued growth and product innovation, further strengthening its mission to enable trusted data sharing through advanced encryption and privacy technology.

The King & Spalding deal team advising Virtru on this transaction was led by Dan Kahan, with support from Thomas J. Knox, Eric Nyman, Sophia Luckeneder, and Alex Tran.

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