“Integro and Innovative Discovery’s services and solutions are highly complementary. Our respective customers will be able to take advantage of greatly expanded skillsets and service offerings now that two of the most respected companies in the industry have joined forces,” noted Scott Burt, CEO of Integro, in today’s press announcement.
According to the press announcement, industry analysts have enthusiastically supported this investment and confirmed the value this will bring to the eDiscovery industry. Ryan O’Leary, Esq., Senior Research Analyst at IDC, shared, “Despite the COVID-19 pandemic, the eDiscovery software market has proved to be crucial to business resiliency and has maintained investment. The investment in Venio comes at an opportune time as corporations look to improve their ECA and processing capabilities to drive savings further down the EDRM.”
According to Janders Dean founder Justin North, “Now more than ever, the legal industry is reimagining the way it works, from evaluating working practices to assessing cost models. There is a huge appetite to move beyond hype and towards implementing major transformation programmes that deliver measurable value. By joining forces with Morae, we can help drive meaningful improvement and lasting change for our clients.”
From UnitedLex to Onna, ComplexDiscovery findings, data points, and tracking information from April 1, 2020, to June 30, 2020, may be useful for understanding merger, acquisition, and investment activity patterns in the eDiscovery ecosystem during the historically unique and COVID-constrained second calendar quarter of 2020.
According to the announcement, with the inclusion of enterprise and vendor risk management capabilities from the acquisition of CMPG, Mitratech now provides a comprehensive set of risk and compliance management tools that marry top-down visibility and oversight with the ability to enforce regulatory and corporate compliance throughout their business and its vendor ecosystem.
“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.
“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.
“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.”