On September 28, 2023, Nextdata, a provider of a data-mesh-native platform to build and share data products at scale, announced $12 million in seed funding co-led by Greycroft and Acrew Capital with participation from additional investors and leading industry angels. Wilson Sonsini Goodrich & Rosati advised Nextdata on the transaction.

The funding will be used to accelerate hiring and product development to support strong market demand.

The Wilson Sonsini team that advised Nextdata on the transaction included Michael Coke, Jacie Valentine, Kym Tisder, John McGaraghan, Morgan Kasenchak, Michelle Wallin, Aaron Hendelman, Matt Staples, Daniel Chen, and Jennifer Gu.

For more information, please see Nextdata's news release. Additional coverage can be found on TechCrunch and SiliconANGLE.