Cases & Deals

Verizon invests in Glympse

Clients Verizon Communications, Inc.

Jones Day advised Verizon Communications, Inc., a broadband and telecommunications company, in connection with its purchase of Series C Convertible Preferred Stock in a private placement by Glympse, a leading location sharing technology company. Co-investors included UMC Capital, Verizon Ventures, and additional unnamed strategic investors, along with existing investors, Ignition Partners, Menlo Ventures, and Naya Ventures.