Fenwick represented Canaan
Partners, a venture capital firm investing in early-stage companies, in its
investment in Aim Security’s $18 million Series A funding. The round, which
brought the total amount to $28 million, was led by Canaan Partners, with participation
from YL Ventures.
Aim Security, a company enabling the secure adoption and
use of AI across enterprise organizations, will use the funds to expand
operations and its development efforts. More information can be obtained from Aim
Security’s announcement.
The transaction was led by corporate partners Einat Meisel
and Matt Quilter and included associates Joanna Xu, Julia Kerr and Leya
Maloney.