The Technology team advised Aurascape in its initial closing of its oversubscribed $12.8 million Series Seed preferred stock financing, led by Mayfield Fund. Other investors and shareholders included Celesta Capital, StepStone Group and AISpace, as well as several industry leaders including Mark McLaughlin, former Chairman and CEO of Palo Alto Networks.
Aurascape, a cybersecurity business based in Santa Clara, California, specializes in providing generative AI protection solutions against emerging cyber threats. Established by a world-class team of seasoned entrepreneurs and technologists with deep expertise in security, generative AI, and SaaS, the company is funded by top-tier VC firms and industry leaders.
The Goodwin team was led by Craig Schmitz, Scott Y. French, Justin Stein, and Susie Chen; Kevin Liu and Patrick Park.
For more information, read the press release.