Everlaw, a Berkeley, California-based provider of collaborative litigation software, raised $25m in Series B funding.
The round, which brings total funding to more than $34m, was led by Menlo Ventures, with participation from Andreessen Horowitz.
The company intends to use the funds to accelerate development of its collaborative litigation software, which features blink-speed document search, AI-powered analytics, and unique tools for multi-matter discovery, depositions, and case-building.
Founded in 2010 by AJ Shankar, CEO, Everlaw provides cloud-based platform which helps attorneys and review teams save time in discovering key documents, collaborating internally and with third party firms, and litigation preparation. The platform features drag-and-drop uploading, flexible productions, blink-speed search, automatic predictions based on machine learning, and real-time collaboration.
Last year, the company more than doubled revenue, adding new customers that include Zenefits; Benesch, Friedlander, Coplan & Aronoff LLP; Hanson Bridgett LLP; Macfarlanes LLP; and McDonald Carano LLP.
Everlaw is now used by all 50 U.S. state attorneys general, in-house counsels at major organizations, and 8 out of the top 10 class-action law firms.
FinSMEs
04/07/2018