World View Closes Series C to Reach Edge of Space

Palo Alto – June 12, 2018 – Cooley advised World View on its $26.5 million Series C funding round led by Accel. The round brings the company’s total valuation to more than $84 million. Partner Mehdi Khodadad led the Cooley team advising World View.

According to World View, the funding will accelerate the development and commercialization of its Stratollite vehicle, which offers low-cost, navigable and persistent high-altitude flight over customer specified areas of interest for long duration missions. The round also included participation by existing investors Canaan Partners and Norwest Venture Partners.

“We’re thrilled to partner with such accomplished Silicon Valley venture firms to execute on World View’s bold vision to pioneer a new economy in the stratosphere,” said Jane Poynter, World View co-founder and CEO, in a news release. 

World View’s innovative flight technologies offer a unique perspective of Earth from the edge of space. The company delivers meaningful insights to enterprises, agencies and individuals via two primary business segments: Stratollite un-crewed flight systems and Voyager human spaceflight systems.

Cooley serves as corporate counsel to World View and previously advised on its Series B funding round. 

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.

Cooley has 900+ lawyers across 13 offices in the United States, China and Europe.

This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.