CS Disco Inc., a Houston, TX-based legal technology company, raised $18.575m in Series C funding.
The round was led by The Stephens Group, a private equity firm, with participation from existing investors Bessemer Venture Partners and LiveOak Venture Partners. In conjunction with the funding, Aaron Clark, managing director at The Stephens Group LLC, will join Disco’s board of directors.
The company, which has raised more than $35m in total funding, will use the funds to accelerate the release of new features, including the machine learning platform, grow its sales presence in major U.S. cities, including its new sales team focused on corporate legal departments, and expand its complementary professional services offerings.
Led by CEO Kiwi Camara, Disco provides an ediscovery platform to automate and simplify complex and error-prone tasks that distract from practicing law.
The company serves more than 400 litigation boutiques and the AmLaw 200.
FinSMEs
02/08/2016