In January 2019, e-discovery company DISCO kicked off a year of massive legal technology investment with its announcement it had raised $83 million in funding. Now, less than two years later, DISCO has announced another big funding round: $60 million, valuing the company at $785 million and bringing its total funding to $195 million.
DISCO announced the investment today in a press release, noting the funding round was led by Georgian Partners, who also led the previous January 2019 round. Georgian Partners primarily invests in software companies—legal tech industry watchers would also recognize security company eSentire as one of its investments. The release also noted that existing investors Bessemer Venture Partners, LiveOak Venture Partners, and The Stephens Group all participated in this round as well, as well as new investor Breyer Capital.
