The past week has seen contract discovery and analytics dominate among the legal tech winners of Deloitte’s Technology Fast 500, with wins for Seal Software, Zapproved and LDiscovery.
We also bring news of noteworthy tech releases from CPA Global, Doxly and Adobe, alongside the latest integrations and partnerships for Icertis and Thomson Reuters, DocAuto and iManage and Peppermint and Zylpha.
Deloitte Technology Fast 500 2016
Seal Software, a provider of contract discovery and analytics that counts Centrica and Vodafone among its clients, was last week ranked at 148 on Deloitte’s Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America.
Seal grew 591% between 2012 and 2015, which was the timeframe used by Deloitte to compile their 2016 Fast 500 list.
“This recognition of our rapid growth is testament that we’re doing something right for our large enterprise customers,” said Ulf Zetterberg, founder and CEO of Seal Software. “The hard work of our product and customer-facing teams has resulted in satisfied customers who expand Seal across their organisations and help fuel our growth. It is an honour to be recognised for our business achievements and listed next to today’s most innovative and successful companies.”
Not far behind Seal Software, eDiscovery software provider Zapproved was ranked number 201 in Deloitte’s latest growth rankings. The Oregon-headquartered company grew 417% during the period from 2012 to 2015.
Monica Enand, CEO and founder of Zapproved said: “Our cloud-native software is transforming how corporate legal teams respond to cases in ways that are more secure, defensible, smarter and economical.”
Ranked at 285 is the acquisitive LDiscovery, which grew by 263% in the given three-year period. In 2015 the Virginia-headquartered company was ranked at 422, having grown by 148%.
You can read the full report by clicking this link: https://www2.deloitte.com/content/dam/Deloitte/us/Documents/technology-media-telecommunications/us-tmt-2016-fast-500-winners-by-rank.pdf
IP management and technology company CPA Global last week announced the launch of The IP Platform, which integrates IP management software, services and insight into one single platform.
CEO Simon Webster, announcing the new platform’s launch, said that the new technology will make greater IP connectivity, integration and collaboration a reality for customers.
“I have long felt that the IP industry has been starved of the beneficial effects of modern technology.” said Webster. “The IP Platform provides empowering solutions for the key tasks that IP professionals need, supporting customers every step of the way to realise the value of their ideas.”
In news out of Indiana, Doxly, the legal transaction management platform, has announced a suite of amplified features to its product, including deal analytics and insights and digital closing books.
With Doxly’s insights feature, law firms have the ability to track current and archived deals to make intelligent decisions for staffing, enhance business development efforts and maintain a complete record of transactions for audit and insurance purposes.
“We created the analytics for practice leadership to gain insight and pinpoint trends on deals so they can more easily target inefficiencies and show value to clients,” said Moses Dwaram, VP of engineering at Doxly. “By enhancing our existing platform with intuitive features, we are creating a robust and powerful platform for attorneys to efficiently manage transactions.”
In addition to insights, Doxly’s update will take closing books from analog to digital. The announcement follows Doxly’s $2.2M seed funding from leading legal and software investors in September.
And Adobe last week released new scanning functionality in Adobe Acrobat Reader mobile for iOS and Android smartphones and tablets, which allows you to digitise anything from receipts to business cards. More than 300 million people use the free Acrobat Reader mobile app today to view, annotate, send and save PDFs at home and in the office. With the new scanning component baked directly into the Reader mobile app, users now have the ability to snap a picture of anything and turn that ‘scan’ into a signable, shareable, storable and secure PDF for free.
Wins and deals
Icertis and Thomson Reuters have partnered to provide compliance screening within the Icertis contract management (ICM) platform. Enterprises using ICM will now have access to data from the Thomson Reuters World-Check risk intelligence screening solution, enabling a seamless due diligence screening process.
Icertis helps enterprises to proactively uncover counterparty risk during the contracting process, with the added ability to auto-monitor agreements throughout their lifecycles. The joint solution allows enterprises to incorporate counterparty screening into the contract management workflow.
The new capabilities in the ICM platform will help companies mitigate the risk of doing business with partners, suppliers or customers, by checking if they’ve appeared on watch lists, have unwitting association with illicit entities, or represent any risk associated with trafficking, fraud, bribery, corruption and organized crime.
This integration allows iManage Work system administrators easy access to Helm’s alerting, analysis, service control, and other functions alongside the other tools that are built into iManage Control Center.
“DocAuto continues to demonstrate its close partnership with iManage by collaborating to help our customers get the most out of their iManage Work Product Management solution,” said Sandeep Joshi, vice president of channels for iManage. “This is the first of many new products that partners are developing to work with the powerful new architecture of the Control Center platform.”
Peppermint Technology has partnered Zylpha to provide Peppermint’s customers with easy access to automated document bundling.
Integrated into Peppermint’s cloud legal software, Peppermint CX, Zylpha’s electronic document bundling software, allows law firms to assemble and deliver court bundles, deal bibles and contracts at a fraction of the cost and effort of a manual process.
The Peppermint and Zylpha product teams are now collaborating to build deeper integration to ensure a one-product experience for end-users, and aim to release this in Spring 2017.
“Zylpha is a great addition to the Peppermint partner community. Its document bundling software is well organised and a perfect fit for our innovative customers who are looking to leverage technology in order to hone their processes, drive costs down and deliver a better service to clients,” said Peppermint CTO, Mike Walker.