Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Paula Tudoran

Clio Completes $1B vLex Acquisition, Secures $500M At $5B Valuation In Largest Legal Tech Deal

Consumer Agency and Judges Stay Protected

Legal technology company Clio announced on Nov. 10 that it has closed what it calls one of the industry’s most significant and largest transactions to date. The firm closed its $1 billion purchase of vLex while raising $500 million in a Series G round that valued the company at $5 billion.

New Enterprise Associates led the Series G investment, joined by existing backers Technology Crossover Ventures, Goldman Sachs Asset Management, Sixth Street Growth, and JMI Equity.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.