Atrium Courts VCs and Tech Leaders Who Could Eventually Become Customers
The company brought in $10 million in investments from 90 different sources.
June 22, 2017 at 07:01 PM
5 minute read
Despite the legal industry's increasing demands for innovation and technology, legal technology startups often struggle to find even just one venture capital firm to invest in their startup project. Bucking the trend, one recent project got nearly 30 major venture capital firms to sign onto its recent funding ground.
Last week Atrium LTS, the mystery project headed by Silicon Valley success story Justin Kan, confirmed that it had completed its $10 million fundraising round with 90 different investments from both large venture capital firms and angel investors.
While the company remains fairly tight-lipped about its exact plan for legal disruption, the funding round may offer new information about the company's intended direction. Bebe Chueh, a co-founder at Atrium and former chief marketing officer for LegalZoom, told LTN that the company is looking to build out its tools for law firms who work on legal matters between investors and tech startups.
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