Leslie Cancel

Cooley advised Venrock on the close of its 10th fund at $650 million. After raising approximately $450 million every three years throughout the past decade’s bull market, Venrock raised the $650 million for Venrock 10 to generate greater follow-on reserves in the current market environment.

Cooley advised Chingona Ventures, a venture capital firm that invests in founders whose backgrounds uniquely position them to create businesses in growth markets that are often overlooked, on the closing of its new $52 million fund. Lawyers Rachel Goddard, Noah Pittard, Mystery Murphy, Mandy Kondo and Christine Zhao led the Cooley team advising Chingona Ventures.

Cooley is advising SolidFire on its sale to NetApp for $870 million in cash. Subject to customary closing conditions, the transaction is anticipated to close in February of 2016.

"This acquisition will benefit current and future customers looking to gain the benefits of webscale cloud providers for their own data centers," said George Kurian, chief executive officer of NetApp. "SolidFire combines the performance and economics of all-flash storage with a webscale architecture that radically simplifies data center operations and enables rapid deployments of new applications."

SolidFire provides all-flash storage systems built for the next-generation data center where simple scaling, set-and-forget management, assured performance and multi-tenancy and cloud economic models are driving new market growth. NetApp creates software, systems, and services to manage and store data.

Cooley advised GeneWEAVE Biosciences on its approximately $425 million sale to Roche.

GeneWEAVE is a privately-held in vitro diagnostics company that is advancing clinical microbiology with diagnostic solutions. It helps healthcare providers in the fight against drug-resistant bacteria by enabling impactful surveillance programs, early therapy guidance and successful antibiotic stewardship. Roche Molecular Diagnostics is a subsidiary of F. Hoffman-La Roche, the world's largest biotech company.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.

Cooley has 900+ lawyers across 13 offices in the United States, China and Europe.

Cooley advised StyleHaul on its $107 million sale to RTL Group, valuing the company at $151 million. The sale will give RTL Group a controlling stake in StyleHaul. Additional performance-based incentives could further increase the purchase price. RTL Group will also invest $20 million to fund the company's expansion.

StyleHaul is the largest original video network on YouTube for fashion and beauty and ranks 16th in terms of video views among YouTube partners globally. Based in Los Angeles, StyleHaul investors in addition to RTL Group include Bertelsmann Digital Media Investments and RezVen Partners. RTL Group is a leading European TV and radio conglomerate.