Legal Tech Firms Merge, Get $200 Million Investment

K1 Investment Management has put a big wad of cash behind newly-merged Reveal — an e-discovery platform that utilizes AI and Brainspace — a visual analytics provider for e-discovery. A few months ago Reveal acquired NexLP. Its stated aim is to enable clients to “manage data, control costs, and extract key insights in one place,” with deployment options in the cloud or on-premise and multilingual user interfaces. Capabilities include early case assessment and use of Brainspace’s data analytics engine. The investment will be used for growing sales and marketing, building functionality, and hiring for R&D and data science. KI is invested in more than 140 software and data analytics companies.