Across Legal has advised IriusRisk on its $29m funding round, led by Paladin Capital Group fund, with participation from other investors already present as shareholders such as SwanLaab Venture Factory, BrightPixel Capital, 360 Capital and Inveready.
Founded by Stephen de Vries and Cristina Bentué, IriusRisk specialises in assisting developers and engineers with software design and has offices and a presence in Europe, the Middle East and Africa. The company doubled its number of clients in 2021 and increased its team in the United States by 200%, one of the firm’s expansion focuses along with Asia Pacific.
By this agreement, the startup will use the funds to further develop its technology, hire staff and grow its platform community.
The Across Legal’s partner, Ivan Moll (pictured), has advised IriusRisk on this deal.
DLA Piper has advised Paladin Capital Group, the multi-stage private equity firm that invests in growing companies through acquisitions and expansion capital, that has acquired an undisclosed stake in IriusRisk with a team comprising Jose Maria Gil-Robles, Francisco Bachiller and Carlos Fuerte.