Morrison Foerster advised Oxide Computer Company, creator of the world’s first commercial cloud computer, in its $44 million Series A financing round led by Eclipse with participation from Intel Capital, Riot Ventures, Counterpart Ventures, and Rally Ventures to accelerate production for Fortune 1000 enterprises. This brings the company’s total financing raised to date to $78 million.
The MoFo team advising Oxide was led by Palo Alto corporate partner Jim Ryan and corporate associates Ophir Gam and Thomas Hopkins.
Read the company’s press release.
