DLA Piper represented Lux Capital in its recent investment in Arraiy, Inc., a computer vision and machine learning platform for special effects. Lux Capital led Arraiy's US$10 million Series A financing together with SoftBank Ventures. Dentsu Ventures, Cherry Tree Investments, IDG Capital and CRCM Ventures also participated in the round. Lux partner, Shahin Farshchi, joined Arraiy's Board as part of the financing.
The DLA Piper team representing Lux Capital was led by partner Jonathan Axelrad (San Francisco), and also included associate Jennifer Kristen Lee (Silicon Valley), and Suzana Gadzo.