DLA Piper represents Racemi in $10m investment by venture capital fund

DLA Piper has represented cloud mitigation company Racemi in a $10m (£6m) investment by venture capital fund Milestone Venture Partners and existing investors Harbert Venture Partners and Paladin Capital Group.

This investment will be used to further scale Racemi’s sales, services and engineering to meet the growing demand for its software that supports migrations between dissimilar physical, virtual and cloud platforms.

The DLA Piper team representing Racemi was led by corporate partner Jeffrey Leavitt (Atlanta) and included Scott Cowan (New Jersey).