As law firms and corporate legal departments alike look for ways to drive practical growth through technology, contract management platforms have seen a surge in popularity in 2018. And now, with the legal industry’s eyes on handling contracts in a more efficient manner, venture capitalists have begun to take notice as well.
On Tuesday, contract management platform provider Concord announced that the company has raised $25 million in its Series B funding round. The round is led by a new investor to the company, Tenaya Capital, and also includes previous investors CRV and Alven. As part of the deal, Tenaya Capital partner Paul Drews will join the Concord board.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
