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O’Melveny advises Strava on USD110m financing round led by TCV and Sequoia

O’Melveny has represented Strava, a social platform for athletes, in its USD110 million Series F financing round led by TCV and Sequoia Capital, with participation by Dragoneer Investment Group and existing investors including Madrone Capital Partners, Jackson Square Ventures, and Go4it Capital.With more than 70 million members in 195 countries, Strava is the largest sports community in the world. Over the last year, Strava has seen rapid growth, adding more than two million athletes a month. This latest round of financing will help the company enhance its platform to better serve more athletes.

The O’Melveny team was led by Warren Lazarow, co-chair of the firm’s Corporate Department, and David Makarechian, chair of O’Melveny’s Emerging Technologies Group. The team also included partner Robert Fisher, senior counsel Warren Fox, counsel Melissa Wright, and associate AJ Talt.

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