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Latham & Watkins Advises Coactive AI in US$30 Million Series B Funding Round
May 24, 2024
Emerging Companies & Growth team advises the AI software development company in financing, cementing it as the leading platform for analyzing images and videos.
Coactive AI has announced a US$30 million Series B funding round, cementing their position as the leading platform for analyzing images and videos. Cherryrock Capital, in its first investment, co-led this funding round with Emerson Collective. They were joined with significant participation from Greycroft, and previous investors Andreessen Horowitz, Bessemer Venture Partners, and Exceptional Capital, all participating in this raise.
Latham & Watkins LLP represented Coactive AI in the funding with a corporate deal team led by Bay Area partner Brian Patterson, with associate Beverly Cheung.