Litigation technology and e-discovery provider Everlaw has announced it has closed a $25 million Series B funding round led by Menlo Ventures and including Andreeseen Horowitz, who previously led an $8.1 million series A funding round for the legal tech company in 2016. The investment brings total funding for Everlaw up to more than $34 million.
In a statement announcing the funding, Tyler Sosin, partner at Menlo Ventures, praised Everlaw for having “unique product sensibilities and technical capabilities to solve challenges within e-discovery and downstream workflows.” He added that Everlaw has an opportunity to “not just to take over the existing market, but to expand it in ways not previously possible.”
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