Questel Acquires doeLEGAL

doeLEGAL today announced that it has been acquired by intellectual property solutions provider, Questel. According to the media release, Questel is an end-to-end intellectual property solutions provider to more than 6,000 clients and 1M users across 30 countries. In the announcement, Charles Besson, CEO of Questel, highlighted that the acquisition of eDiscovery expertise and experience would help fortify Questel’s core business.

Following the Money? Mike Bryant Provides a SOLID Look at Legal Tech Merger and Acquisition Activity

From seed and venture capital investments to private equity and Special Purpose Acquisition Companies (SPACs), Mike Bryant, an industry veteran and current operating partner and advisor at Knox Capital, shares information, intelligence, and insight into the legal tech investment landscape during his 20-minute educational presentation and discussion as part of the Winter 2021 Summit on Legal Innovation and Disruption (SOLID) conference on January 29, 2021.

Reveal And Brainspace Merge

According to Wendell Jisa, founder and CEO of Reveal, “Backed by K1, Reveal’s merger with Brainspace has set into motion the next phase of AI innovation in the practice of law. Fueled by some of the world’s most powerful AI technology and underpinned by the Reveal review platform, we are ushering in a new era of automation in legal technology.” Additionally, today’s media release notes that K1’s investment will be used to fuel growth, including expanding the sales and marketing teams, building additional functionality within the products, and hiring within R&D, data science, and customer success to augment the client experience.

eDiscovery Mergers, Acquisitions, and Investments in 2020

Since beginning to track the number of publicly highlighted merger, acquisition, and investment (M&A+I) events in the eDiscovery ecosystem, ComplexDiscovery has noted at least 453 M&A+I events between November 2001 and December 2020. In considering M&A+I events in 2020, the following findings, drivers, data points, and tracking charts may be useful for understanding the activity patterns of these business events between January 1, 2020, and December 31, 2020.

Relativity Acquires VerQu

According to Relativity CEO Mike Gamson, “It’s imperative that the legal and compliance industries stay ahead of and evolve with the changing nature of work in organizations globally. Enterprise communications will continue to shift rapidly and scale from traditional channels like email toward chat and collaboration platforms. That’s why Relativity is committed to investing in technology that connects directly to native cloud data sources for surveillance and e-discovery workflows, evolving the data paradigm from documents to include conversations.”

eDiscovery Mergers, Acquisitions, and Investments in Q4 2020

From Nuix and DISCO to Exterro and AccessData, the following findings, data points, and tracking charts highlight information that may be useful for understanding M&A+I activity patterns in the eDiscovery ecosystem from October 1, 2020, through December 31, 2020. During 4Q20 there were at least eight M&A+I events, a pulse rate that exceeded the pre-COVID investment pulse rate of seven events during the same time frame in 2019.

DISCO Closes Funding Round of $100 Million

According to DISCO CEO Kiwi Camara, “Legaltech is booming now, and the industry’s real growth has only just begun. Over the next five to 10 years, legaltech will emerge as the next high-growth category of enterprise software. We are delighted to see investors acknowledge DISCO’s position as the category creator and category leader for legaltech. Legal departments and law firms are embracing the power of artificial intelligence to automate away the parts of the practice of law that don’t require human legal judgment, freeing great lawyers to do the work that only they can do.”

An IPO Down Under? Australian Securities Exchange Welcomes Nuix Limited

According to Nuix, it is a leading provider of investigative analytics and intelligence software with a vision of “finding truth in a digital world”. Nuix’s stated mission is to create innovative software that empowers organizations to simply and quickly find the truth from any data in a digital world. Having been used globally in high-profile investigations including the highly-publicized Panama Papers headline event, Nuix now is finding its own truth as a publicly-traded company on the Australian Securities Exchange.

TCDI Acquires Cicayda

According to TCDI Founder and CEO Bill Johnson, “For 30 years, we’ve steadily built upon our innovative, client-driven technology, and this move supports our strategy to meet our clients’ growing needs. Both companies share very similar cultures and philosophies which ensures our clients will continue to get the same high-quality service they expect.”

SPAC Attack? Cellebrite Moves Toward Becoming a Public Company

According to Adam Clammer, Chief Executive Officer of TWC Tech Holdings,...

Cobra Legal Solutions Receives Investment from Blue Sage Capital

According to Eric Weiner, Partner at Blue Sage, “We are excited...

eDiscovery Mergers, Acquisitions, and Investments in Q1 2021

From Relativity and Reveal to Compliance (System One) and Veristar, the...

Cyber Risk and Reward? Kroll Acquires Redscan

According to Redscan CEO, Mike Fenton, “Merging Redscan’s innovative culture and...

A New Era in eDiscovery? Framing Market Growth Through the Lens of Six Eras

There are many excellent resources for considering chronological and historiographical approaches...

An eDiscovery Market Size Mashup: 2020-2025 Worldwide Software and Services Overview

While the Compound Annual Growth Rate (CAGR) for worldwide eDiscovery software...

Resetting the Baseline? eDiscovery Market Size Adjustments for 2020

An unanticipated pandemeconomic-driven retraction in eDiscovery spending during 2020 has resulted...

Home or Away? New eDiscovery Collection Market Sizing and Pricing Considerations

One of the key home (onsite) or away (remote) decisions that...

Five Great Reads on eDiscovery for March 2021

From data breach economics and vulnerabilities to private-equity investments and vendor...

Five Great Reads on eDiscovery for February 2021

From litigation trends and legal tech investing to facial recognition and...

Five Great Reads on eDiscovery for January 2021

From eDiscovery business confidence and operational metrics to merger and acquisition...

Five Great Reads on eDiscovery for December 2020

May the peace and joy of the holiday season be with...

Cobra Legal Solutions Receives Investment from Blue Sage Capital

According to Eric Weiner, Partner at Blue Sage, “We are excited...

Corporation Z? Zapproved Releases of ZDiscovery Platform

According to the announcement, Monica Enand, Zapproved Founder and CEO, shared,...

Head in the Clouds? CloudNine Releases Review Updates

According to Tony Caputo, CEO of CloudNine, “CloudNine is 100% dedicated...

Threading the Needle? Epiq Launches Unified Digital Client Experience

According to the announcement, Epiq Access is available globally and provides...

A Splash of Optimism? Spring 2021 eDiscovery Business Confidence Survey Results

This is the twenty-second quarterly eDiscovery Business Confidence Survey conducted by...

Cold Weather Catch? Predictive Coding Technologies and Protocols Survey – Spring 2021 Results

The Predictive Coding Technologies and Protocols Survey is a non-scientific semi-annual...

Out of the Woods? Eighteen Observations on eDiscovery Business Confidence in the Winter of 2021

In the winter of 2021, 85.0% of eDiscovery Business Confidence Survey...

Issues Impacting eDiscovery Business Performance: A Winter 2021 Overview

In the winter of 2021, 43.3% of respondents viewed budgetary constraints...