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10/25/2019

Weave Closes $70 Million Financing Transaction to Expand Current Offerings and International Presence

Holland & Hart represented Utah-based Weave, the premier customer communication platform for service-based businesses, in connection with a $70 million funding round.

This financing was led by Weave’s new venture capital investor Tiger Global Management, with additional funding from current Weave investors including Catalyst Investors, Bessemer Venture Partners, Crosslink Capital, Pelion, and LeadEdge Capital. With this funding round, Weave plans to expand and enhance its current product offering, develop its international presence, grow its team, and continue to invest in the development of its employees.

Holland & Hart’s venture capital and private equity team advised Weave on the transaction, led by Marc Porter and Lauren Prew Fouser, with assistance from Dave Glynn, John Ludlum, Kristy Kimball, Lindsay Silber, Peter Perla, Steve Young, Tracy Gray, and Trent Timmons.

For more information, please see Weave’s press release.

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