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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Cooley's 650 attorneys have an entrepreneurial spirit and deep, substantive experience, and are committed to solving clients' most challenging legal matters. From small companies with big ideas to international enterprises with diverse legal needs, Cooley has the breadth of legal resources to enable companies of all sizes to seize opportunities in today's global marketplace. The firm represents clients across a broad array of dynamic industry sectors, including technology, life sciences, venture capital, clean energy, real estate and retail.

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Related Contacts
Craig Dauchy Partner, Palo Alto
Robert Bao Associate, San Francisco