Clio, the global leader in legal ai technology, today announced it has completed its us$1 billion acquisition of vlex, one of the most significant transactions in legal technology history Clio marks a historic milestone with the completion of its $1b vlex acquisition and $500m series g funding The completion of the deal coincides with the closing of clio’s us$500 million series g funding round, led by new enterprise associates (nea), valuing the company at us$5 billion
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Legal tech just had one of its biggest shakeups yet
Clio, the company best known for modernizing how law firms manage their work, has closed a massive $500 million series g round led by new enterprise associates (nea), valuing the company at $5 billion
But that’s only half the story On the same day, clio Clio raises $500m in series g funding round, boosting valuation to $5b the company finalized its vlex acquisition and hopes to use the latest funding for future acquisitions