Contract automation has been one of the hottest areas for legal tech funding in 2021, but InCloudCounsel is looking to jump to the head of the pack with a substantial, nine-figure investment—and a name change to boot.

The company announced Wednesday that it has received $200 million in a Series B funding round, led by Blackstone Growth. The round also includes participation from existing investor Battery Ventures, which led the company’s $40 million Series A round in 2019, as well as board member Mike Paulus.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]