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E-Discovery Company Nextpoint Raises Growth Capital Investment of Undisclosed Amount

LawSites

The cloud-based e-discovery company Nextpoint has received a growth capital investment from RF Investment Partners , a company that provides structured growth capital. Related: On LawNext: Marking 20 Years, Nextpoint’s CEO Rakesh Madhava Discusses First-Ever Financing, First-Ever Acquisition, and This Week’s User Conference.

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Legal Tech Moves: C-Suite Appointments at Axiom, Exterro, Merlin, and Relativity

LawSites

Eric Bouchard Joins Axiom As Chief Financial Officer Eric Bouchard , formerly chief financial officer at Nestlé Health Sciences, has joined the legal services company Axiom as its new CFO. He previously served in a series of financial executive roles, including as vice president of finance at Bombardier Transportation.

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The 2023 Fastcase 50 Announced, Honoring Legal’s Innovators, Visionaries and Leaders

LawSites

“This has been an amazing year of change for legal tech, including at vLex and Fastcase,” said Ed Walters, Fastcase co-founder and the Chief Strategy Officer of vLex. This year’s list of honorees reflects a year of transformation for legal services. Holly Stevens , Chief Data Officer, Legal Services Corporation.

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KLDiscovery Inc. Completes Acquisition of Cenza Technologies Private Limited

Cenza

KLD”), a leading global provider of electronic discovery, information governance, and data recovery services, today announced the closing of their previously announced acquisition of the business of Cenza Technologies Private Limited (“Cenza”), an India-based alternative legal services provider (“ALSP”).

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ALSP Factor Launches Product for Law Firms to Manage and Support Transactions

LawSites

There is no denying that some law firms view alternative legal services providers such as Factor as competitors, particularly for corporate legal work. Specific services Factor will offer firms include: Transaction management. … Our service here is doing something similar in the transactional world.”

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Exclusive: In A First For E-Discovery, Tech Company Nextpoint Is Launching A ‘Data-Driven’ Law Firm Under Arizona’s Liberalized Ownership Rules

LawSites

In a first for an e-discovery technology company, Chicago-based Nextpoint is launching an Arizona law firm June 1 under that state’s liberalized law practice rules that allow non-lawyers to own law practices. ” Leading the firm as managing partner is Andrew R. “We won’t have that issue.”

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Bessemer Venture Partners Acquires Majority Stake in Legal Practice Management Company Litify

LawSites

In the legal industry, Bessemer is an investor in the e-discovery company DISCO , which went public in July 2021, and was a relatively early investor in law practice management company Clio. “I’m excited to lend my expertise to Litify customers at a time when demands on legal service providers are increasing.”

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