New York – April 9, 2018 – Cooley advised Venrock on leading Percipient.ai’s recent $14.7 million Series A funding round. Partner Bo Yaghmaie headed the Cooley team advising Venrock.
"Venrock is delighted to be joining this extraordinary team, which is addressing one of the most critical shortfalls in security today,” said Venrock partner Nick Beim in a news release. “We believe that Percipient.ai's technology will fundamentally change the national and corporate security landscape.”
As part of the transaction, Beim will join Percipient.ai's board. Based in Silicon Valley, Percipient.ai is an advanced analytics product company focused on delivering artificial intelligence products and services to solve the most pressing intelligence and national security missions.
Originally established as the venture capital arm of the Rockefeller family in 1969, Venrock partners with entrepreneurs to build some of the world’s most disruptive, successful companies.
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