Taft is pleased to have acted as legal counsel to SpiderOak, Inc. in the company’s additional closing of Series C Preferred Stock with investment from Accenture Ventures, Raytheon Technologies’ RTX Ventures, and Stellar Ventures. The investment will be used toward SpiderOak’s deployment of zero-trust, end-to-end data security solutions for commercial and government customers operating in space.

SpiderOak is a U.S.-based collaboration tool, online backup, and file hosting service that allows users to access, synchronize, and share data using a cloud-based server. Read the release here.

Taft’s legal team included Michael Roberts, Abe Wehbi, LeRoy Ricksy, and Rebecca Smith.