Foley Hoag Congratulates 12 x 12 and Clovr Media Inc
October 19, 2010
Foley Hoag LLP congratulates the latest company in the 12 x 12 initiative to announce funding, Clovr Media, Inc. Earlier today Clovr Media announced its seed round financing.
12 x 12 is an entrepreneurship initiative initiated last spring to help accelerate the formation and growth of the next generation of exciting, innovative companies in the Massachusetts tech hub and to help these businesses succeed through hands-on mentoring from experienced CEOs and venture capitalists with track records of success. Clovr Media is the third company to announce funding.
Foley Hoag is a proud participant in the 12 x 12 initiative, donating in-kind services to the companies to accelerate their growth. The firm was among the first to join in back in May, offering 12 months of legal services typically associated with starting a technology company, such as corporate, financing and intellectual property advice.
“As a firm with deep roots in the local technology and venture capital communities, we are committed to seeing new ventures grow and prosper in Massachusetts. We were immediately enthusiastic when we learned about the ‘12x12’ initiative and saw its potential. It was an easy decision to participate,” said Foley Hoag Partner Jeff Quillen.
About Foley Hoag LLP
Foley Hoag provides innovative, strategic legal services to public, private and government clients across the globe. We have premier capabilities in the life sciences, healthcare, technology, energy, professional services and investment management fields, and in cross-border disputes. Our professionals possess the skills and experience to provide exceptional senior level service to clients ranging from startups to multinational companies to sovereign states. For more information, visit www.foleyhoag.com or follow @FoleyHoag on Twitter.