Cooley LLP Advises Institutional Venture Partners on $1 Billion Venture Fund
Palo Alto, Calif. – July 3, 2012 – Cooley LLP announced today that it advised on the creation of a $1 billion venture capital fund for long-time client Institutional Venture Partners (IVP), a Silicon Valley firm specializing in later-stage investments. The fund is the largest in IVP's 32-year history. IVP has been a Cooley client since 1973.
The Cooley team advising IVP was led by partners Craig Dauchy and Ian O'Donnell and included associates Bobby Bao and Steve Yoo. Palo Alto-based Dauchy is chair of the firm's Venture Capital practice group.
IVP provides funding for late-stage, high-growth technology startups and has previously invested in Twitter Inc., Netflix Inc., Zynga Inc. and LegalZoom.com Inc.
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