RenewData Corporation
Latest round
- Series E
Last raised
- Sep 2009
Total raised
- $41M
Investors
- 2
About RenewData Corporation
Founded in 2001 and headquartered in Austin, US, RenewData Corporation focuses on providing eDiscovery solutions. In December 2014, it was acquired by LDiscovery, a portfolio company of WestView Capital Partners.KLDiscovery specializes in eDiscovery and information governance solutions, primarily through its flagship Nebula Ecosystem and associated services. The Nebula platform offers an end-to-end solution for data management, encompassing capabilities such as data archiving, processing, and review, which streamline workflows for legal professionals across various sectors. The company utilizes advanced technology, including predictive coding and continuous active learning, to enhance document review efficiency for clients managing large volumes of data. Its offerings cater to a diverse client base ranging from healthcare to multinational corporations, providing tools that are particularly beneficial for litigation, regulatory investigations, and compliance activities.KLDiscovery's revenue model primarily revolves around B2B transactions, where clients engage the company for its eDiscovery and information governance services on a subscription or project basis. Clients regularly utilize the Nebula platform and other associated services, entering agreements that can encompass long-term contracts for ongoing data management or one-off engagements for specific legal cases. The company offers various pricing plans that correspond to the specific services utilized, although detailed pricing information is not disclosed. Revenue is generated through flagship services, including managed document review and digital forensic services, which are essential for clients navigating complex legal landscapes.KLDiscovery is focused on enhancing its product offerings and expanding its market reach. Following the acquisition of RenewData Corporation, the company plans to integrate new features into the Nebula Ecosystem, although specific product launch dates have yet to be announced.26 mn to support these initiatives. The acquisition deal in December 2014 is a strategic step towards consolidating its position in the eDiscovery market.
Who invested in RenewData Corporation
2 investors across 3 rounds
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Questions about RenewData Corporation
Who invested in RenewData Corporation?
RenewData Corporation has 2 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has RenewData Corporation raised?
RenewData Corporation has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did RenewData Corporation last raise money?
RenewData Corporation's most recent round on record is a Series E, in Sep 2009.
What does RenewData Corporation do?
Founded in 2001 and headquartered in Austin, US, RenewData Corporation focuses on providing eDiscovery solutions.
Where is RenewData Corporation headquartered?
RenewData Corporation is headquartered in Austin, US.
Which VCs invest in companies like RenewData Corporation?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at RenewData Corporation's stage. Their profiles are linked below.
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