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Legility Acquires eDiscovery Company iControlESI

With the acquisition, Legility assumes iControlESI’s two leading technology platforms: RECENSEO, a highly functional hosting and review platform, and ENVIZE, an AI/Predictive Analytics tool that is integrated with the widely used Relativity platform.

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Pivotal Announces Acquisitions of Strategic Legal Solutions and Compiled by KLDiscovery

“These transactions represent significant milestones for our company as we grow our business and expand our Information Governance and eDiscovery software offerings,” said Chris Weiler, CEO of KLD. “Strategic Legal Solutions’ robust client base will now have access to KLD’s extensive platform and Compiled’s ReadySuite offering will provide additional flexibility in how we address the industry’s unique data management needs. Together, these acquisitions broaden our customer base with the addition of key client relationships, strengthen our end-to-end technology platform and provide significant revenue opportunities for the future.”

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Thomson Reuters Acquires HighQ

“Legal professionals are being disrupted by technology change and are seeking software solutions to help them improve costs and increase productivity,” said Brian Peccarelli, COO, Customer Markets at Thomson Reuters and head of its Legal Professionals segment. “The acquisition of HighQ will help us meet customer needs for efficient, compliant workflow collaboration solutions, and supports our ongoing approach to providing open technologies and driving customer innovation.”

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Capital Southwest Leads a Recapitalization of Driven

“We are excited about our new partnership with Driven and its management team,” said Matt Darrah, Principal of Capital Southwest. “We are impressed by Driven’s management team and its ability to drive cost out of litigation and to serve its law firm and corporate clients effectively. Driven has developed the tools and products needed to support the growing volume and complexity associated with the eDiscovery market.”

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XDD Acquires QDiscovery

Bob Polus, XDD President and CEO states, “As we continue to explore, expand and scale business operations within key markets nationwide, merging forces with QDiscovery further strengthens our presence in the Midwest and on the east coast.  Congruent with XDD’s culture, the QDiscovery team thrives on providing exemplary client service, making it a natural fit for our company as we continue to scale our eDiscovery, forensics and managed review services.  We look forward to enhancing our company together.”

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Text IQ Raises $12.6M Series A to Advance AI Platform for Identifying Sensitive Information

Text IQ has developed a suite of AI solutions to help enterprises find sensitive information in near real-time, greatly improving upon traditional manual processes. Text IQ’s AI solutions identify sensitive information at 10 times the speed and 4 times less cost than traditional methods – along with reducing the risk of missing sensitive information by over 50%.

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Elevate Secures $25 Million Investment from Kayne Partners

“Elevate now provides services to over one hundred Global 1000 corporations and over twenty global law firms,” says Brown. “This reflects the accelerating trend for law departments, law firms, and law companies to work together to more efficiently meet the growing legal demands in the business world. Our AI-powered enterprise legal management software platform supports process transformation for some of the most innovative global companies and law firms in the world.”

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IGP (Israel Growth Partners) Together With Its Major LPs Invest $110M in Cellebrite

“As we continue our growth journey in the Digital Intelligence market, we identified the need to add a strategic partner that will support our long-term vision and our commitment to our customers,” commented Yossi Carmil, Global Co-CEO of Cellebrite. “We are pleased to announce that after careful consideration through a rigorous process we were able to successfully structure a long-term partnership with IGP.”

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AI Startup Infinnium Attracts Major Seed Investment

“Globally organizations are facing exponential data growth, combined with increasing complexity in security and data privacy. Organizations are not well equipped to derive the financial benefits available from effective information governance, and they continue to face expensive penalties and loss of financial value as long as the IG technology gap exists,” says Bhargav Kotadia, managing director, Sahajanand Group. “We have invested in Infinnium with a long-term outlook. We believe that Infinnium has the strategic vision and groundbreaking AI solutions to lead the coming transformation in information governance and data privacy.”

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