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News and Media

​Orrick Advises FOVE in Raising USD 11 million in a Series A Round

Orrick advised FOVE, the Japan and San Francisco based creator of an eye tracking virtual reality (VR) headset, in raising USD 11 million (JPY 1.23 billion) in a Series A round.  The financing was led by Japan-based Colopl VR Fund, the world’s largest VR-specialized fund that invests in VR-related companies in Japan and abroad.  Hon Hai Venture Capital Fund and Samsung Venture Investment also participated.
 
The cross-border US/Tokyo Orrick team was led by Joseph Perkins, partner in the Silicon Valley office, and included managing associates Ben Spitz (Tokyo) and Rob Woodward (Silicon Valley), and senior paralegal Rosemary Artman (Silicon Valley). 
 
Orrick has served as company counsel to FOVE since its reincorporation in the U.S. in early 2015.

Date

24.03.2016