News

Ready Player Me, a cross-game avatar platform that allows users to explore virtual worlds with one consistent identity, and a client of the firm, has successfully closed a Series B financing round of approximately $56 million led by Andreessen Horowitz…

Congratulations to PELG client TapRm for its ranking among the Inc. 5000 Fastest-Growing Private Companies in America of 2021. Out of 5000 businesses, TapRm was ranked 108 due to its 3,802% 3-Year Growth. TapRm is an online, same day delivery platform…

Eir Ventures, a Nordic-focused investment firm and client of the firm, co-led, together with Soleus Capital, a $64 million equity investment into Galecto, Inc., a Copenhagen, Denmark and Boston, US-based biotechnology company focused on the development of novel treatments for…

An investment vehicle managed by EJF Capital LLC, a global institutional alternative asset management firm and a client of PELG, led a round of funding into Prelim. Prelim is a provider of optimized digital banking experiences for financial services firms. …

Congratulations to our client, Wolfprint 3D, on the closing of a financing round consisting of the sale of more than $2 million of series seed preferred stock. Wolfprint developed a proprietary 3D body scanning technology used to create precise, customized…

Paul Ellis leads an online panel presentation entitled “Ask the VCs: Startups and Fundraising in the Time of COVID-19.” This panel, presented by the NY Tech Alliance, takes place on April 2nd, 2020. He is joined by a panel of…

To Our Clients and Friends: Like many of us, we at the Paul Ellis Law Group (PELG) have been closely monitoring the current situation with respect to COVID-19. In light of the recommendations given by government and health authorities, and…

On September 18, 2019, California Governor Gavin Newsom signed into law Assembly Bill 5 (“AB 5”). The law takes effect on January 1, 2020 with respect to workers' rights under the state’s Unemployment Insurance Code, the Labor Code and wage…

The California Consumer Privacy Act (“CCPA”) goes into effect on January 1, 2020. Many of our clients who are subject to this wide-ranging law have been moving forward to come into compliance. Even though the CCPA will not be enforced…