Gunderson Dettmer Launches Austin Office, Strengthening Commitment to Region’s Venture Capital Ecosystem
News and research before you hear about it on CNBC and others. Claim your 1-week free trial for StreetInsider Premium here.
SILICON VALLEY, Calif. And AUSTIN, Texas, April 26, 2021 (GLOBE NEWSWIRE) – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, a 350-lawyer law firm specializing in the global ecosystem of venture capital, growth stocks and emerging companies, opened an office in Austin, Texas, its tenth in the world. Austin office is founded by a partner Wesley C. Watts and senior partner Luke thomas, both from the Austin office of Vinson & Elkins LLP.
“Austin’s growth is remarkable and our approach has always been to grow where our customers are,” said David T. Young, Managing Partner of Gunderson Dettmer. “We’ve been representing businesses and venture capitalists in Austin for over a decade. We have been looking for the right opportunity in Austin for some time. Wes and Luke fit the culture and expansion plans of our business perfectly. “
Wes Watts, the founding partner of the new Austin office, focuses on representing emerging technologies and technology companies throughout their lifecycle and through strategic transactions such as financings, joint ventures and mergers and acquisitions, as well as general manners of business and governance. In addition, he regularly assists venture capital and private equity firms in their investments.
“I have worked across the table with attorneys for Gunderson Dettmer on several occasions over the years,” said Watts. “Given its size, Gunderson Dettmer has consistently outperformed its weight class and it is no wonder that it is the number one company in the world for emerging growth companies and venture capital and growth funds. Gunderson Dettmer is particularly focused on the same clients to whom I have dedicated my own practice. And that lens is perfectly suited to the unique and developing ecosystem of Austin and Texas. “
“Under Wes’s leadership and with the full commitment of the company, our growing Austin team will contribute to the thriving Texas business ecosystem,” said Jay K. Hachigian, one of the founding partners of Gunderson Dettmer and the partner responsible for launching the Austin office. “Our first goal will be to connect them to Gunderson’s best-in-class network, services and team.”
Luke Thomas will join the founding team as a senior corporate and securities partner, focused on the full lifecycle of emerging businesses, including venture capital finance, mergers and acquisitions and public offerings. Prior to entering the practice of law, Thomas was a financial advisor and holds the Chartered Financial Analyst designation.
“Gunderson Dettmer has both a collaborative team and an international presence that works well for our businesses. The company’s focus on customer service and taking a hands-on approach to the issues that really matter to entrepreneurs and their investors is one of the many things that sets Gunderson Dettmer apart, ”said Thomas . “The chance to become a co-founder of Gunderson Dettmer’s Austin office is a unique opportunity and I look forward to leveraging Gunderson’s breadth of experience and exceptional resources in our local market.”
About Gunderson Dettmer
Gunderson Dettmer more than 350 lawyers particularly focused on global venture capital, growth equity and emerging companies ecosystem, through Ten offices in major venture capital markets around the world including Silicon Valley, Ann Arbor, Austin, Beijing, Boston, Los Angeles, New York, San Diego, San Francisco and Singapore. The company represents more than 2,500 companies financed by venture capital and more than 450 of the world’s largest venture capital and growth private equity firms, along with thousands of their underlying funds. The company negotiates regularly about one-third of every dollar of venture capital raised globally and is the recognized global leader in representing venture capital and development capital funds in their investing activities, negotiating over 1,000 venture capital financings and growth every year. For venture capital-backed companies, the company provides advice at every stage of their lifecycle, from launch to IPO. and ones Public enterprises, becoming extensions of their management teams as they progress through each growth stage.
Monica Rodriguez Kuniyoshi Director of Marketing Phone: 650-463-5337 Email: [email protected]
Source: Gunderson Dettmer