Migrated from eDJGroupInc.com. Author: Greg Buckles. Published: 2015-03-05 19:00:00Format, images and links may no longer function correctly. 

It feels like the Microsoft acquisition of Equivio rang the dinner bell and has VC investors salivating at the chance to pump cash into the eDiscovery market. We have seen $400+ million flow into our little market in the last quarter alone. Clearview’s acquisition of mid-tier service provider Xact Data Discovery for an unspecified amount is just the latest announcement. Here are a few examples:

  • Lighthouse eDiscovery – $30M
  • CS Disco – $10M
  • kCura – $125M – Who ever thought Andrew would let go of a single share? Certainly not Andrew the last time I interviewed him.
  • Modus – $10M
  • Equivio – rumor has ~$200M, but amount never confirmed
  • Zapproved – $15M

Exciting times. I just hope that investors do their homework and understand exactly how complex this market is.

Greg Buckles wants your feedback, questions or project inquiries at Greg@eDJGroupInc.com. His active research topics include analytics, mobile device discovery, the discovery impact of the cloud, Microsoft’s 2013 eDiscovery Center and multi-matter discovery. Recent consulting engagements include managing preservation during enterprise migrations, legacy tape eliminations, retention enablement and many more.

Blog perspectives are personal opinions and should not be interpreted as a professional judgment. eDJ consultants are not journalists and perspectives are based on public information. Blog content is neither approved nor reviewed by any providers prior to being posted. Do you want to share your own perspective? eDJ Group is looking for practical, professional informative perspectives free of marketing fluff, hidden agendas or personal/product bias. Outside blogs will clearly indicate the author, company and any relevant affiliations. 

0 0 votes
Article Rating