Onna Technologies, a Barcelona, Spain and San Francisco, CA-based knowledge integration platform for corporate legal departments, raised USD $5.0M in funding.
The round was led by Nauta Capital.
The company intends to use the funds to continue its growth, accelerate integrations and improve its AI through which organizations minimize risk.
Founded in 2015 by Salim Elkhou, CEO, Onna is a Knowledge Discovery and eDiscovery collection integrator that connects to different data sources used by legal departments within organizations to enable enterprise discovery.
The platform automatically processes and analyzes the data from the different sources using artificial intelligence to enable customers to instantly access any type of information, whether it is contracts, chat conversations or pictures. In addition, it offers smart search capabilities, which use neural networks to automatically classify certain types of documents such as contracts, NDAs, Passports and Agreements.
The company serves a global client list including Facebook, Twilio, Electronic Arts and more.