Freshfields is advising Mercury Technologies, Inc., a San Francisco-based fintech, on its announced $300 million Series C financing valuing the company at $3.5 billion. The round was led by Sequoia Capital with participation from existing investors Coatue, CRV and a16z, among others.  Mercury provides products and services that power financial workflows for more than 200,000 ambitious companies and entrepreneurs. More information can be found here.

The Freshfields corporate team includes partners Sarah Solum and Scott Blumenkranz, senior associate Shira Oyserman, associates Matt Deorocki and Jenny Ge. Partner Menachem Kaplan and senior associate Daniel Spencer provided advice on intellectual property-related matters; partner Sarah Ghulamhussain advised on executive compensation and benefits matters; partners Stephanie Brown Cripps, David Sewell and special counsel Meytal McCoy advised on regulatory matters; and partners Christine Lyon and Brock Dahl advised on data privacy and cybersecurity matters.