Contract management provider Lexion announced Thursday it has closed on an $11 million Series A funding round led by Khosla Ventures. Law firm Wilson Sonsini Goodrich & Rosati and the Madrona Venture Group, who previously invested $4.2 million in seed financing for the startup in 2019, also participated in the new funding round.
Gaurav Oberoi, CEO and co-founder of Lexion, told Legaltech News the new funding will be leveraged to accelerate the company’s growth “by investing more in marketing and sales” and expanding its contract management platform with the addition of workflow modules.
This content has been archived.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?
Not a Bloomberg Law Subscriber?
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]