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Goldman Sachs Makes Investment in KnowBe4

 

Fried Frank acted as counsel to Goldman Sachs Growth Equity as investor in KnowBe4 in its Series B preferred equity financing. Goldman led the US$30 million investment round, with existing investor Elephant participating. Goldman Sachs also received a board seat. KnowBe4, provider of the world's most popular integrated new school security awareness training and phishing platform, will use the new funds to invest in international growth and product development. 
 
The Fried Frank team was led by corporate partner Mark H. Lucas and included corporate partner Michael T. Gershberg; executive compensation & ERISA partner Donald P. Carleen; tax partner David I. Shapiro; white collar defense and government investigations partner Steven M. Witzel; intellectual property and technology special counsel Jason L. Greenberg; corporate associates Roxanne Lepore, Christina Robinson, and Justin A. Schenck; executive compensation & ERISA associate Jaclyn I. Waters; intellectual property and technology associate Alana C. Berrocal; litigation associate Harrison D. Polans and tax associate Sohail Itani.

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