RenewData Completes Internal Round of Funding to Support Continued Rapid Growth
Press release: Discovery Company Experiences 247% Growth in Demand of Data Processed
AUSTIN, Texas – March 21, 2007 – RenewData, a leader in discovery services for law firms and corporations, announced today that it had raised $5 million in a Series D financing from existing investors ABS Capital Partners and CIBC Capital Partners. Since its previous financing in August 2006, the Company has named Ellery Buchanan, an experienced executive, as CEO; recruited several new senior managers; enhanced its board of directors—all while experiencing significant growth. The capital will be used to support management’s forward plan—including planned investments in technology, quality initiatives, and sales & marketing. Read the rest of this entry »
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