Big Four accounting giant KPMG’s legal arm has led a $3.26 million Series A investment in an Australian legal technology company, and its legal arm is forming a strategic alliance with the company.
KPMG Law will hold a 9.99% stake in Plexus, an eight-year-old legal automation company based in Melbourne with offices also in Sydney, London and Washington, D.C. Plexus is led by chief executive officer Andrew Mellett, a former director at research and advisory firm Corporate Executive Board. The investment is the largest venture capital funding round so far in Australia’s legal tech sector, according to Plexus.
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