Organic growth in the e-discovery sector remains robust, with increased litigation activity, heightened regulatory scrutiny and data proliferation driving that expansion.
As the next evolution of the software landscape evolves, we are seeing a pivotal factor unfold as one of the largest determinants of startup success: Distribution.
BC Partners and Medina Capital today announced an agreement to acquire Brainspace Corporation, a privately-held machine learning and analytics company based in Addison, Texas, as part of a new joint venture to create a global cybersecurity company providing software, services and infrastructure.
The global legal market is small by comparison with other markets and this is deterring some tech companies from investing.
Unprofitable sales channels, subsidies to acquire customers and expensive advertising campaigns are all signs that a company is focused on growth at all costs rather than growth at a profit.
Logikcull raises $10M to let lawyers analyze documents at the speed of a thousand interns.
Legal technology company CS Disco Inc. today closed $18.575M in Series C funding. The Stephens Group LLC, a private equity firm, led the round, with participation from existing investors Bessemer Venture Partners and LiveOak Venture Partners. This brings total investment in DISCO to more than $35M.
The purchase of F1 is the latest move by XDD to continue its aggressive growth strategy. In January, the company acquired Utah-based Orange Legal Technologies, a premier provider of discovery services for litigation, audit and investigation support with specialized offerings to select industries including pharmaceutical/medical devices; financial services; oil/gas/energy; and intellectual property, antitrust and litigation.
The Federal Trade Commission announced its annual revisions to the Hart-Scott-Rodino Act (“HSR”) jurisdictional thresholds on January 21, 2016.
The current climate looks to be ‘sporadic,’ as angel investors, more than venture capitalists, appear interested in legal tech companies.