CloudLexâ„˘ creates innovative and user-friendly Legal Cloud solution exclusively for plaintiff trial lawyers.
Online PR News – 02-November-2016 – New York – CloudLex, Inc. (http://www.cloudlex.com) announced that it has closed $3.7 Million in its Series A financing round. The funds are for the launch of the companyâ€™s revolutionary Legal Cloudâ„˘, a complete cloud-based technology solution exclusively designed for the US Civil Litigation Industry. The Series A round is led by Aligned Partners.
â€śCloudLex is the first legal technology focused exclusively on the civil litigation space,â€ť said Dev Shrotri, Founder & CEO of CloudLex. â€śAfter several years working in the industry, our lawyer-led team noted a continuous complaint â€“ the lack of innovative and user friendly technology for trial lawyers. For years, the only solutions available for their practices were either antiquated legacy systems or cloud technologies with a one-size-fits-all approach. So we used our insider knowledge and experiences, in collaboration with civil litigation law firms, to create CloudLex.â€ť
Founded in March 2015, CloudLexâ„˘ has already become a market leader. Each day, more and more trial lawyers are choosing CloudLexâ„˘ to manage thousands of matters and over a million records.
About CloudLex, Inc.
New York City based CloudLexâ„˘ is pioneering the creation and definition of the Legal Cloudâ„˘ with its innovative approach to SaaS services for litigation-focused law firms throughout the United States. Its revolutionary, eponymous Legal Cloudâ„˘ lets trial lawyers operate, manage, communicate and collaborate - anytime, anywhere and on any screen. CloudLexâ„˘ is designed by experienced attorneys, industry professionals and expert engineers, with significant experience mapping, managing and processing litigation matters.
About Aligned Partners
Aligned Partners is a venture firm dedicated to the idea that the interests of founders and investors can and should be aligned. Since 2011, the veteran team at Aligned Partners has been enabling capital-efficient companies in the B2B sector start lean and stay lean throughout their growth cycles, with better outcomes for founders and investors alike. As hands-on early-stage investors, Aligned Partners is the bellwether for a new breed of venture capital investment leveraging resourcefulness and alignment. The firm manages nearly $80 million across two funds.
To learn more about Aligned Partners, visit http://www.alignedvc.com.