Logikcull Closes Series A Funding Round
Logikcull, a San Francisco-based provider of legal intelligence software, has raised $10 million in venture capital from OpenView Ventures and Storm Ventures. It is the only pure cloud-based solution for collaborative searching and sharing of information in litigation, investigations, due diligence, and M&A,
Logikcull provides a SaaS-based collaboration platform for lawyers and law firms to support better access and transparency among hundreds of gigabytes of digital and digitized documents. According to the vendor, its software makes it easier to analyze large quantities of data for litigation, internal investigations, or Freedom of Information Act (FIOA) and subpoena responses.
Using Optical Character Recognition technology, which lets users convert documents and images into editable and searchable data, Logikcull says it also makes scanned, older documents searchable.
"Automating compliance and internal investigations in the enterprise is critical to operational efficiency and reducing overall enterprise risk,” said Logikcull CEO Andy Wilson. “We're investing these funds to help raise awareness that cloud-based legal intelligence is the future of legal-related search and automation."
Until now, Logikcull contends, companies have had to rely on third parties for e-discovery, such as law firms and vendors, who often aren’t equipped to securely handle the datasets which can expose them to risk. Logikcull says its platform makes it faster to identify and review useful files to bring into a case.
To learn more about Discovery Automation, visit logikcull.com.
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