“Since we first invested in Onna last year, Slack deployed their platform because it was the most robust, modern, easy-to-use eDiscovery product we evaluated — and it worked seamlessly in Slack. Our IT and legal teams love how easy it is to connect new information sources without having to learn complicated query languages,” said Jason Spinell, Director of the Slack Fund. “With this additional investment in Onna, we look forward to helping them realize their vision of building a knowledge integration platform that brings together all of a company’s sources of content, directly inside Slack.”
According to DSAI Team Leader Tom Barnett as reported by Artificial Lawyer, “It’s an incredible opportunity to realize the full potential of what we started during a time when most law firms were not even thinking about – let alone developing – AI and machine learning technology to solve legal problems. We will now be in a position to expand the model to serve legal departments and law firms worldwide.”
From HaystackID and Everlaw to Cellebrite and Carbonite, ComplexDiscovery findings, data points, and tracking information from January 1, 2020, to March 29, 2020, may be useful for understanding merger, acquisition, and investment activity patterns in the eDiscovery ecosystem during the first calendar quarter of 2020.
“Everlaw is changing the way legal teams uncover the truth buried in mountains of data and documents,” said Steven Sinofsky, board partner at Andreessen Horowitz. “Everlaw has already established itself as a leader in the $11 billion ediscovery market, and promises to make a lasting impact defining modern work solutions for litigators.”
“We welcome XMedius’s customers, strong partner network and employees to OpenText,” said Mark J. Barrenechea, OpenText CEO & CTO. “The acquisition reaffirms our commitment to Montreal, already a strategic hub for our analytics and AI development teams. Together, we will bring leading cloud and hybrid solutions to enterprises and small to mid-sized businesses.”
“We are excited to partner with TCDI and Bill Johnson to accelerate TCDI’s solid foundation and impressive track record of innovation and client retention. Trivest will assist the leadership team with an aggressive but thoughtful add-on acquisition program aimed at increasing the Company’s size, scale, presence, and capabilities in the coming years,” shared Jamie Elias, Partner at Trivest.
“The IGS acquisition, together with our prior acquisition of Montaña & Associates, brings world-class solutions and services to Access clients for electronic and physical information management and compliance,” said Rob Alston, Chief Executive Officer of Access. “Information governance advisory services and software are crucial to data security and risk reduction in the entire information management lifecycle-from document management to secure record destruction.”
“We are exceptionally pleased with the growth of HaystackID and delighted to continue our support and investment in Hal Brooks and his team as they continue to focus on addressing customer needs with superior services,” shared HaystackID Board Member Mike Bryant, Partner at Knox Capital. “We are also thrilled to work with Quad-C and look forward to benefiting from their deep industry and investment expertise as we seek to quicken HaystackID’s growth pace and expand its growth path.”
According to Ganesh Natarajan, CEO at Mindcrest, “We are excited to become part of the DWF family. As one of the oldest legal services companies, Mindcrest has established a reputation for high quality and exceptional client service. This will be enhanced with DWF Mindcrest, bringing the right talent, technology, and processes coupled with strong project management to develop innovative integrated solutions for our clients across the globe.”
“This acquisition will allow Cellebrite to accelerate the delivery of new Digital Intelligence solutions and services that will empower our customers and allow them to maximize the efficiency and accuracy of their digital investigations. The acquisition is a major milestone in our journey to help our customers build safer communities and we welcome the BlackBag team to Cellebrite.”