kCura, a Chicago, IL-based developer of the e-discovery software Relativity, raised $125m in funding.
ICONIQ Capital acquired a minority stake in the company.
The funds will allow the company to invest in people, technology, and the community of users.
Led by Andrew Sieja, president and CEO, kCura provides Relativity, a platform for managing electronic data around litigation, investigations, compliance, and related processes. More than 110,000 active users worldwide from organizations including the U.S. Department of Justice and 195 of the Am Law 200 use the software to manage more than 50,000 matters, including complex and large cases, some involving hundreds of millions of documents.