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Have questions or need help The completion of the deal coincides with the closing of clio’s us$500 million series g funding round, led by new enterprise associates (nea), valuing the company at us$5 billion Legal technology company clio has completed its $1 billion acquisition of vlex, marking the conclusion of the largest deal in legal tech history, and has simultaneously closed a $500 million series g.
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It was launched in 1990, and entered its fifth generation in 2019 Clio, the global leader in legal ai technology, today announced it has completed its us$1 billion acquisition of vlex, one of the most significant transactions in legal technology history Legal artificial intelligence company clio said on monday it has raised $500 million in a funding round led by new enterprise associates (nea), valuing the company at $5 billion.
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Clio closes its us$1 billion acquisition of vlex, the largest m&a transaction ever in legal technology with us$500 million in primary capital and a us$350 million debt facility, clio is positioned. Make the most of your time Clio automates tasks, minimizes paperwork, and eliminates redundancies, so you can get back to what matters most. Legal technology leader clio announced monday that it completed its of vlex, a legal intelligence and global research platform that includes vincent ai.
Clio acquired legal case management software firm sharedo in march.
