Cole Schotz P.C.

 

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Cole Schotz Represents Wiredrive in Business Combination with MediaSilo

February 10, 2017

Attorneys: James G. Stefanick, James T. Kim, Alan Rubin and Rimma Tsvasman

Cole Schotz represented Wiredrive in a business combination with MediaSilo. Both companies are industry leaders in providing secure video collaboration and sharing solutions for creative professionals. The merger creates the largest video collaboration SaaS provider with more than 1,800 customers in advertising and media and entertainment. The joint entity also raised $7M in growth capital from Boston-based private investment firm, Schooner Capital, in connection with the deal to support rapid growth and development of the next generation of rich media collaboration tools for agencies, brands, production houses, and entertainment companies.

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