Legal Tech Co. Disco Raised $100M In Q4, Plans To Expand

Law360 (December 17, 2020, 4:08 PM EST) -- CS Disco Inc., a Texas firm that develops software for document review and other aspects of discovery, announced Thursday that it had secured $40 million in debt financing, bringing its capital-raising haul for the fourth quarter of 2020 to $100 million as it plans further expansion.

Disco, which had raised $60 million in equity financing in October from investors including Bessemer Venture Partners, LiveOak Venture Partners, Georgia Partners and Breyer Capital and says it is valued at $785 million, intends to use the cash infusion to grow. It is dou—bling its sales and marketing team and a total of 300 new employees are...

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