Le Lézard
Classified in: Science and technology, Business
Subject: VEN

LegalMation® Announces Investments from The Leaders in the Legal Space


LOS ANGELES, Oct. 22, 2019 /PRNewswire/ -- LegalMation® announced today that it has entered into a private placement round which includes new investments from REV Venture Partners (the venture capital arm of RELX Group, parent company of LexisNexis), Relativity, and Bridge Investments (co-led by Michael Suchsland?former president of Thomson Reuters' legal business unit), and continuing participation by Key Venture Partners (headed by Vance Opperman?former president of West Publishing Company now part of Thomson Reuters). 

LegalMation Logo

LegalMation continues to build and develop next generation AI/Machine Learning platform tools for the law practice of the future.  Launched in the Spring of 2018, LegalMation® has experienced an 800% growth in the past 12 months.  The company's first-to-market pleading and discovery AI applications have taken the industry by storm and its litigation analytics platform will transform how cases are handled, assigned, settled, valued, and resolved.

"We appreciate the vote of confidence by the leaders in the legal space," said James M. Lee, LegalMation's CEO.  "Their faith in the transformative platform that we have built, and the solutions we continue to develop, speaks volumes for the trajectory on which our company is headed.  We are excited to have them as investors as we focus on future products and services incorporating our next generation AI technologies for a wider group of users and industries." 

LegalMation® is currently used by both corporate legal departments and law firms, including Walmart and Ogletree Deakins, and several national insurance carriers.

About LegalMation
LegalMation® is a legal technology company revolutionizing the practice of law through technology aimed at both in-house legal departments and law firms. For more information, visit www.legalmation.com.

 

SOURCE LegalMation


These press releases may also interest you

11 jui 2020
Samsung Biologics (207940.KS) has further expanded its partnership with STCube through an additional development and manufacturing service agreement of STM418, an anti-PD1 immuno-oncology candidate. STM418 received much attention from the biopharma...

11 jui 2020
Tampa-based SoFresh is an emerging, fresh casual concept, that serves nutritious, made-to-order meals that are quick and healthy. SoFresh is scheduled to open three new Florida locations this year. The first of the three will be in South Tampa at...

11 jui 2020
Building AQuisition Partners United, LLC, a Regulation D 506© fund founded by Tosin Oduwole and focused on redeveloping urban areas, today announced their currently available Phase 1 project, a $100,000,000 offering focused on the acquisition of...

11 jui 2020
As a gesture of gratitude to local public safety professionals working on the front lines of the COVID-19 pandemic, Premier Mortgage Resources, LLC, has launched a new home loan savings program, called "Hometown Heroes." Under this program, any first...

11 jui 2020
Compare-autoinsurance.org has launched a new blog post that presents the information drivers need to know about GAP insurance. For more info and free car insurance quotes, visit: https://compare-autoinsurance.org/main-benefits-of-gap-insurance/ The...

11 jui 2020
The deadline to file a new or supplemental claim, or to reopen a previous insurance claim regarding Hurricane Irma damages is fast approaching on September 10th, 2020....



News published on 22 october 2019 at 09:00 and distributed by: