AUSTIN, TX, Legal technology leader DISCO today announced a $60 million equity financing, valuing the company at $785 million.
Georgian Partners led the financing, joined by existing investors Bessemer Venture Partners, LiveOak Venture Partners, and The Stephens Group all participated, and new investor Breyer Capital also invested.
This latest funding brings total investment in DISCO to $195 million, confirms the company's status as the leader in enterprise legal technology, and establishes the company as a disruptor in the broader cloud computing industry. With products and services that cover the entire investigation and litigation lifecycle and the market-leader position in cloud ediscovery in an ediscovery market predicted to exceed $20 billion by 2024,1 DISCO has established itself as a trusted partner for the largest legal departments, law firms, and government agencies in the world.
DISCO is a legal technology company that applies artificial intelligence and cloud computing to legal problems to help lawyers and legal teams improve legal outcomes for their clients. Corporate legal departments, law firms, and government agencies around the world use DISCO for ediscovery, case management, compliance, disputes, and investigations. For more information, visit www.csdisco.com.
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