Reveal-Brainspace continues to make traction with eDiscovery service providers. Onboarding 25 new partners in a single quarter speaks volumes and requires a mature partnership engine. UnitedLex was a Relativity Best in Service partner as recently as 2016. In fact, they are still a Relativity Certified Partner. With large discovery matters lasting 2-4 years, most clients prefer to let them age off a platform rather [...]
Slowly but surely I am resuming regular briefings with providers. I remember when ZyLab first jumped into the US eDiscovery market with their hybrid archive/investigation tool. Thanks to Scott Hunter for walking me through their most recent release. In my not-always humble opinion, ZyLab always reminded me of Nuix. An innovative, independent architecture paired with a techie GUI that lagged the US market leader’s [...]
Today’s announcement of the Relativity-X1 Enterprise integration had me puzzled at first. After all, Relativity Collect has been integrated with X1 Discovery files/emails since 2019. So what is the difference? Digging into the announcement and their documentation, my take on the new integration with X1 Enterprise Platform is the indexing of remote custodians and other data sources for in place search/collection. There are two [...]
Relativity has long had a strategy of partner driven innovation wherein they acquire successful integrated products that are converted to module or features. Just look at Relativity Legal Hold, Collect, etc. for prior examples. I call your attention to how their announcement broadens Relativity’s corporate value proposition from simple eDiscovery to include compliance, data requests, investigations and other information governance usage scenarios. This signals [...]
If you missed the news, Reveal took a $200M round of funding from K1 Capital and promptly acquired Brainspace. I was lucky enough to get an early briefing on this while brainstorming with the Reveal team on using their platform to analyze the Parler data to support the FBI investigations. In the last year Reveal acquired Mindseye (triage/ECA), LexLP (AI/ML) and even picked up [...]
I fell down the eDiscovery patent rabbit hole while researching Exterro’s recent press release on the patent granted on their Gateway Coordinator. You should never take press releases, white papers, blogs, etc. at face value. Go to the source when possible. In my USPTO search for the announced patent, I stumbled across 7 more Exterro patents covering workflow management, custodian monitoring and predictive search. [...]
Relativity’s acquisition of VerQu makes a lot of sense from the corporate RelativityOne customer perspective. Once integrated, the VerQu Hydra connectors have the potential to dramatically expand the scope of holds, in-place searches and collections. The pandemic has escalated adoption of Teams, video conferencing and a myriad of collaboration platforms that Hydra already gives customers access to. In a happy coincidence, VerQu was on [...]
These kinds of parallel acquisitions generally happen right after a round of funding. To provide some context, Exterro was founded in 2004 and took $100M round of funding in 2018. Zoominfo has them at $36M in revenue with 170 employees (grain of salt). Founded in 1987, AccessData was one of the first forensic tools I used during my CSI years. Owler has AD’s at [...]
I vividly recall my first briefing with Nuix’s dynamic duo, Eddie and Morgan Sheehy. Of course, it happened at a LTNY (probably 2009, but they all blur together). That was shortly after we had converted the eDiscovery Journal from editorial press into the eDJ Group market analyst model. I was impressed with Eddie’s laser focus on breaking the $/GB consumption market and loved Morgan’s [...]
Reveal keeps making the eDiscovery news, so I did a briefing with Jay Leib and George Socha to get up to speed on their overall go to market strategy. Most eDiscovery providers fall into a couple well known buckets that force them to grow, evolve or fade away. Like most players, Reveal started as a service provider focused on hosting large litigation matters.(see Reveal [...]