Willkie Guides Insight Investment In Brazil Craft Site

Law360, New York (March 16, 2012, 1:30 PM EDT) -- Brazilian handicraft e-marketplace Elo7 got a boost from technology-focused private equity and venture capital firm Insight Venture Partners LP in an investment agreement announced Friday.

Insight's capital infusion will help Elo7 accelerate marketing initiatives, invest in building its technology platform and recruit industry expertise, according to a statement Elo7 issued Friday.

Elo7 did not disclose the value of the investment, and the company was not immediately available for comment Friday. One of the attorneys who represented Insight in the investment, Gordon R. Caplan of Willkie Farr...
To view the full article, register now.