Onna Closes $11M Funding Round With Investments From Dropbox, Slack
Touting the "new era" in e-discovery, Onna seeks to amplify corporate legal departments' search capabilities with more integrations and tools.
June 05, 2019 at 10:30 AM
3 minute read
Knowledge management startup Onna has raised $11 million in a Series A equity funding round, which saw Dropbox and Slack Fund investing in the company. Onna said the company will use the new investment to support its marketing team and expand the platform's capabilities in e-discovery, compliance and overall enterprise search capabilities through more integrations and tools.
The funding round was led by Dawn Capital with participation from Nauta Capital, which was the company's top investor last year when it raised $5 million.
Onna-powered technology allows in-house legal departments to search across various integrated systems and place the data in one central solution. The centralization of disparate information is key for not only e-discovery but also compliance and productivity, the company said.
Onna CEO and founder Salim Elkhou called the ability to integrate and centralize data “a new era.” “It's automatic, the collection and process is done in the background. Onna does all the heavy lifting.”
He added that the third-party service integrations are a part of addressing corporate's data searching challenges.
“With this investment, we are doubling down with working with legal departments to make the tools and integrations that they need,” he said.
Indeed, in the June 3 press release announcing the investment, Dropbox lauded Onna's ability to search across multiple platforms.
“Information and tools people use at work are increasingly fragmented, and it's often difficult to search, locate and secure documents spread across the many tools we use. Like Dropbox, Onna is on a mission to help fix that,” said Dropbox vice president of corporate finance and strategy Lev Finkelstein.
A request for comment from Slack Fund, an investment fund started by the collaborative communication app Slack, regarding its investment into Onna wasn't answered by press time.
Apart from being an investor, Dropbox uses Onna in its corporate legal department and is one of several third-party companies that Onna integrates with. The other companies include Slack, Amazon Web Services, G Suite, Microsoft 365, Zendesk and Facebook's online communication tool Workplace.
To be sure, Onna isn't the only data management company that provides search integration. For instance, e-discovery and legal services company Exterro allows its e-discovery software to integrate with Microsoft's Office 365, Exchange and Sharepoint, online file-sharing and storing company Box and various other data sources.
Similarly, Epona in 2017 released its Legal Matter Management platform, which provides a centralized location for users to access their Microsoft Office 365 data and connected apps. Earlier this year, LexisNexis also released an expansion to its customer relationship management tool that integrates InterAction's CRM capabilities into Microsoft Office software.
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
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllTrending Stories
- 1Arguing Class Actions: With Friends Like These...
- 2How Some Elite Law Firms Are Growing Equity Partner Ranks Faster Than Others
- 3Fried Frank Partner Leaves for Paul Hastings to Start Tech Transactions Practice
- 4Stradley Ronon Welcomes Insurance Team From Mintz
- 5Weil Adds Acting Director of SEC Enforcement, Continuing Government Hiring Streak
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250