Morris, Manning & Martin partner Grant Collingsworth and DLA Piper partner Jeff Leavitt were counsel on both sides of a recent venture capital investment in an Atlanta technology company.
FTRANS Corp. last month obtained a $3 million venture-capital investment from three groups - Total Technology Ventures LLC, Greenhill SAVP and New Atlantic Ventures. All three groups had previously made investments in FTRANS, which stands for Financial Transaction Systems. FTRANS makes software for the financial-services industry.
Collingsworth was counsel to FTRANS on the deal, and Leavitt to the investor group, according to Collingsworth. Total Technology Ventures is an Atlanta outfit, Greenhill is based in New York and New Atlantic in Reston, Va. and Cambridge, Mass.