The company’s cloud-based platform is designed to help legal teams accelerate discovery of relevant data, uncover details in large troves of documents and facilitate collaboration on such data by leveraging machine learning and other modern tools, Everlaw said Tuesday.
“Achieving FedRAMP Moderate authorization highlights how closely our approach aligns with the CIO Council's Cloud Smart strategy, especially in security. And we couldn't be more proud to have achieved this designation through partnership with the U.S. Department of Justice,” said AJ Shankar, founder and CEO of Everlaw.
The Oakland, Calif.-based legal technology company also announced that it raised $62M in a round of Series C financing led by CapitalG and Menlo Ventures, bringing its total investment to $96M. Existing investors K9 Ventures and Andreessen Horowitz participated in the funding round.
Jesse Wedler, a partner at CapitalG, has been named to Everlaw’s board of directors as part of the investment.