Overview
David Ambler is a partner in the Corporate Department at Paul Hastings, based in the Palo Alto office. He represents private companies through all stages of their growth, including early financing, pre-IPO capital raising, IPOs and beyond. He also advises public companies in their periodic reporting and capital markets and other corporate transactions. He frequently works with leading underwriters like Morgan Stanley, Goldman Sachs and J.P. Morgan in public offerings by companies, including those owned by private equity funds. He also advises top venture funds, sovereign wealth funds and other investment platforms on a wide variety of corporate transactions. His industry experience spans consumer internet, consumer hardware, enterprise software, digital health, AI, cybersecurity and various technology and life sciences sectors.
He has been involved in hundreds of private company financings and over 60 IPOs and other public offerings for companies such as AvidXchange, Corsair, Datto, DocuSign, Enjoy Technologies, Forty Seven, PagerDuty, Ping Identity, Procore, Rubrik, ServiceNow and Unity Software.
Recognized by his peers, he was named a “Rising Star” by Super Lawyers in 2022 and 2023. Prior to joining Paul Hastings, he was a partner at another international law firm. He previously worked in the performance automotive industry in both sales and business development.
Recognitions
- Super Lawyers, “Rising Star” (2022-2023)
Education
- Santa Clara University School of Law, J.D., 2012
- Santa Clara University, M.B.A.
- Santa Clara University, B.A. (Philosophy), 2004
Representations
Representative private company transactions include:
- G42, the leading UAE-based artificial intelligence technology holding company, on a number of strategic and investment matters
- Arctic Wolf in its $401 million financing led by Owl Rock, a division of Blue Owl Capital, with participation from Viking Global Investors, the Ontario Teachers’ Pension Plan, and funds advised by Neuberger Berman
- DataStax in its $115 million investment led by Goldman Sachs Asset Management
- Obsidian Security in its $90 million financing led by Menlo Ventures, Norwest Venture Partners and IVP
- Sambanova Systems in its $676 million financing led by SoftBank Vision Fund 2
- SiFive in its $175 million financing led by Coatue Management
- ThoughtSpot in its $100 million financing led by March Capital and joined by Lightspeed Ventures, Snowflake Ventures, Khosla Ventures, Fidelity, Capital One Ventures, General Catalyst, Sapphire Ventures, and GIC"
- Ivy Energy, a provider of solar energy billing software, in raising $10M in its Series A funding round
- Benchmark Capital in its Summation Technology Series Seed Financing
Representative investor clients include:
- Bain Capital
- Benchmark Capital
- BVP Forge - Bessemer Venture Partners
- G42
- Lightspeed Venture Partners
- Unusual Ventures
Recent public transactions include advising:
- The underwriter in CyberArk’s $370 million secondary offering by Thoma Bravo
- Rubrik in its $752 million IPO
- The underwriters in AvidXchange’s $674 million IPO
- DocuSign in its $723 million IPO
- Procore Technologies in its $678 million IPO
- Unity Software in its $1.49 billion IPO
- The underwriters in the $188 million IPO, $204 million follow-on offering and $287 million follow-on offering of Ping Identity, a Vista Equity Partners portfolio company
- PagerDuty in its $250 million IPO and $288 million convertible notes offering
- Enjoy Technologies in its $250 million SPAC Merger
- The underwriters in the $600 million IPO of Datto, a Vista Equity Partners portfolio company
- The underwriters in the $238 million IPO, $262 million follow-on offering and $75 million follow-on offering of Corsair Gaming, an EagleTree Capital portfolio company
- Varonis Systems, on its $400 million senior convertible notes offering and related capped call transactions
Matters may have been completed before joining Paul Hastings.