Stubbs Alderton & Markiles' Client Atomico Leads $64M Investment Round in Clutter
LOS ANGELES, June 14, 2017 /PRNewswire/ -- Stubbs Alderton & Markiles, LLP client Atomico announced today that it led the $64M investment round in Clutter with Sequoia Capital, Google Ventures (GV) and Fifth Wall. Clutter is an end-to-end storage company which takes the pain out of cataloging, packing, storing, and returning your items.
Stubbs Alderton & Markiles' attorneys representing Atomico on the deal included Caroline Cherkassky and Kelly Laffey.
Clutter is a tech-enabled storage company that lets you store extra stuff without actually leaving your house. No more getting stuck in traffic just to put away your camping gear, or completely unpacking a storage unit in order to locate a box of family photos. With Clutter, all your stored items are ready to view online, and getting them out of storage is as easy as ordering a pizza. They believe a 5-star experience should be the norm, and that service companies should actually be of service to their customers.
Reps from Atomico stated, "At Atomico we invest in global opportunities where we know that we can help scale a business in specific markets around the world. Our thesis is that great companies now come from everywhere and so we're always on the move, looking to find the most ambitious entrepreneurs, to help them execute their plans to improve the way we live. One of the places we've been spending time recently, and where we see clear momentum around the tech scene, is Los Angeles. And we believe we've unearthed a global category leader in LA-headquartered Clutter."
About Atomico
Atomico invests in disruptive technology companies with ambitious founders from Series A onwards. Its experienced team includes founders and operators from the world's most successful technology firms who partner with its companies as they scale to become global winners. Founded in 2006, Atomico has made over 80 investments into companies including Supercell, Klarna, Stripe, ofo, Lilium, 6Wunderkinder and The Climate Corporation. Atomico's team includes founders of six billion dollar companies, and operational leaders who were responsible for global expansion, hiring, user growth and marketing at companies from Skype and Google to Uber, Facebook and Spotify. Visit www.atomico.com for more information.
About Stubbs Alderton & Markiles, LLP
Stubbs Alderton & Markiles, LLP is a business law firm with robust corporate, public securities, mergers and acquisitions, entertainment, intellectual property, brand protection and business litigation practice groups focusing on the representation of, among others, venture backed emerging growth companies, middle market public companies, large technology companies, entertainment and digital media companies, investors, venture capital funds, investment bankers and underwriters. The firm's clients represent the full spectrum of Southern California business with a concentration in the technology, entertainment, videogame, apparel and medical device sectors. Our mission is to provide technically excellent legal services in a consistent, highly-responsive and service-oriented manner with an entrepreneurial and practical business perspective. These principles are the hallmarks of our Firm. Visit www.stubbsalderton.com
For more information about our Emerging Growth & Venture Capital Practice, contact Caroline Cherkassky at [email protected]
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