The investment was co-led by J2 Ventures and HICO Investment Group and was part of a $20m funding round which is the company’s first external investment. Druid Software is a leading provider of private 5G, 4G and LTE networks.
A range of Matheson lawyers from other practice areas were also involved in the transaction, including Alice Duffy and Jack Heron (Employment & Pensions) and Carlo Salizzo and Chris Hutchinson (Technology and Innovation).