NEW YORK, August 24, 2021: Morgan Lewis has advised Stripes, a leading New York-based growth equity firm, in the $37 million Series B financing of Balto, a call center automation startup. Stripes led the funding with participation from RingCentral Ventures, Sierra Ventures, TIA Ventures, OCA Ventures, Stage Venture Partners, SaaS Venture Capital, Sandalphon Capital, Cultivation Capital, and Atreides Management.
The Morgan Lewis team representing Stripes was led by partner Tony Chan and associate Julie Thompson.
For more, read Balto’s announcement.