Source: Daily Journal
A team of Pillsbury lawyers advised Nuviz Inc. in a deal for an investment from Pierer Industrie AG. While financial terms have not been disclosed, the investment is expected to raise Nuviz’s funding total to more than $9 million, allowing the company to increase its marketing and sales endeavors while also advancing product development.
Nuviz focuses on developing software and technology solutions for motorcyclists. With its headquarters in San Diego and a research and development team in Salo, Finland, the company says it is building a global presence, according to Daily Journal.
Based in Austria, Pierer Industrie is a holding company in the automotive sector. Through its subsidiaries, the company develops and manufactures components for motorcycles and high-performance vehicles.
The Pillsbury team advising Nuviz includes San Diego North County Corporate & Securities – Technology partner Christian Salaman and associate Dusty Wolverton.