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Spark Labs Launches U.S. Expansion Platform for Global Entrepreneurs with IBM, BHI, WSGR and OpenSkies


News provided by

Wilson Sonsini Goodrich & Rosati; Spark Labs

May 31, 2017, 08:30 ET

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NEW YORK, May 31, 2017 /PRNewswire/ -- Today, Spark Labs (http://spark-labs.co/) announced a collaboration with BHI, OpenSkies and Wilson Sonsini Goodrich & Rosati (WSGR) to aid technology companies from all over the world with their U.S. expansion plans. The new partnership will be executed both virtually via the Spark Labs members-only platform and physically within the NYC workspaces as well as 15+ co-working partner sites across the U.S. Approved Spark Labs members globally now have access to curated banking services provided by BHI Bank, legal assistance from WSGR (the nation's leading law firm representing venture-backed companies), exclusive and tailored travel solutions by OpenSkies, up to $120K in cloud infrastructure and "growth hacking" workshops provided by IBM, not to mention another 40 other services provided by key partners from Silicon Valley.

Building on Spark Labs' online and offline formulas for success in community, support, benefits and events, the organization has already helped more than one hundred U.S. and foreign tech companies to scale their business. With over $40M raised by past and current members, Spark Labs is supported locally by Rubicon Ventures, White Star Capital, First Mark Capital, Eniac Ventures and Arc Angel Fund.

"Spark Labs' community of members and existing ethos align perfectly with those of WSGR's venture capital and U.S. expansion practices," said Daniel Glazer, Partner at WSGR. "We are looking forward to expanding our work to the Spark Labs members who plan to aggressively scale their business in the U.S."

"As the largest bank in Israel and an established international bank in the U.S., we have a lot of experience serving international startups," said Tamara Towbin, Head of Tech Banking at BHI, the technology banking unit of Bank Hapoalim in the U.S. "We understand the unique challenges and needs of international entrepreneurs looking to scale in the U.S., which is why our products and services are specifically tailored for this community. We are so excited to be partnering with Spark Labs to help catalyse the growth of the international tech community in the U.S."

"Our new technology platform allows us to empower more companies around the world at an astounding pace," said Christophe Garnier, Founder of Spark Labs. "With access to two physical workspaces in prime locations in NYC and another 15 partner spaces across the U.S., access to experienced mentors, qualified investors and operational support meeting the companies specific needs, Spark Labs offers its members a unique solution for companies to expand in the U.S. in a fast and efficient manner."

Spark Labs recently opened a brand new, 20,000-square-foot space in the hearth of Manhattan, in Bryant Park. Memberships start at $350 a month for a flex desk to $20,000 a month for large private offices. All memberships include access to a unique ecosystem, including community, daily events, workspace and the comprehensive support platform specifically built for tech companies, including: Sales and Business Development, Marketing and Public Relations, funding fast track, Mentorship program, Recruitment, and technology tools provided by IBM, Amazon, HubSpot, Stripe, SendGrid, Aircall, Geomail to name a few.

To access Spark Lab's expansion software and ecosystem remotely, visit: http://bit.ly/2lJ0Wfi

About Spark Labs

Spark Labs is the global club for innovators. Founded by European entrepreneurs who successfully created, scaled-up and sold startups in the U.S. the past 15 years, Spark Labs has become a valuable resource for foreign tech companies expanding to America. For more information on Spark Labs, visit http://spark-labs.co/

About WSGR

For more than 50 years, Wilson Sonsini Goodrich & Rosati has offered a broad range of services and legal disciplines focused on serving the principal challenges faced by the management and boards of directors of business enterprises. The firm is nationally recognized as a leader in the fields of corporate governance and finance, mergers and acquisitions, private equity, securities litigation, employment law, intellectual property, and antitrust, among many other areas of law. With deep roots in Silicon Valley, Wilson Sonsini Goodrich & Rosati has offices in Austin; Beijing; Boston; Brussels; Hong Kong; Los Angeles; New York; Palo Alto; San Diego; San Francisco; Seattle; Shanghai; Washington, D.C.; and Wilmington, DE. For more information, please visit www.wsgr.com

About BHI

BHI has a technology banking unit. Bank Hapoalim B.M., known as BHI in the U.S., has been operating in the U.S. for over 40 years, with offices in New York, California and Florida. BHI offers banking products and services specially tailored to the unique needs of the startup and VC community, catering to every life cycle stage and startup industry. BHI customers benefit from the customer service of a boutique bank backed by the financial strength of the largest financial institution in Israel, Bank Hapoalim (http://www.bhiusa.com/bank-hapoalim-group/). For more information, please visit http://www.bhiusa.com/hi-tech/

SOURCE Wilson Sonsini Goodrich & Rosati; Spark Labs

Related Links

http://www.wsgr.com

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