Reveal, an AI-powered eDiscovery platform, has teamed up with visual analytics platform Brainspace.
By combining their forces, the company hopes to propel the next evolution of legal technology.
To support the company, K1 Investment Management has invested $200m.
Over the past six months, Reveal has acquired NexLP and merged with Brainspace to create a single platform for all their clients eDiscovery needs. The improved user experience enables clients to manage data, control costs and extract key insights all in one place.
The new combined platform gives users access to the a processing, early case assessment, AI and review functionality and data analytics.
Its clients include law firms, Fortune 500 corporations, legal service providers, government agencies and financial institutions.
With the funding from K1, the company hopes to expand its sales and marketing teams, build additional functionalist within products and hire more staff for its R&D, data science and customer success teams.
Wendell Jisa founder and CEO of Reveal said ?Backed by K1, Reveal merger with Brainspace has set into motion the next phase of AI innovation in the practice of law. Fueled by some of the world most powerful AI technology and underpinned by the Reveal review platform, we are ushering in a new era of automation in legal technology.p>
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