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Peppermint secures over £10m in VC funding and appoints ex-Tikit new Chairman and CFO – UPDATED

In a move that will come as a major rebuff to its doubters, Peppermint Technology has secured over £10m of funding from leading venture capital firm Scottish Equity Partners (SEP) and hired former BigHand and Tikit CFO Mike Kent and former Tikit non-executive director Neville Davis to its board.

The cloud-based legal and dispute management technology provider, which was launched in 2010 with the backing of OLM Systems, said the investment and hires would be used to accelerate its growth and strengthen its bid to become the dominant IT player within the sector.

OLM Systems will remain as a shareholder in Peppermint, which currently has more than 5,000 users across 30 legal and dispute management firms, including the likes of Blake Morgan, Penningtons Manches and Ombudsman Services.

Start-up Corner: Event Planning? Add-to-Event go for crowdfunding

Christmas – a time for law firms and vendors to run corporate hospitality events and parties. But where do you find the suppliers to ensure the event is a success? Two brothers – Ben and Tim Maughan –, have just launched a crowdfunding campaign on Seedrs in a bid to raise some capital to further develop their event planning business, Add to Event, and transform the way the UK organise events.

Comment: Keep It Simple for Legal Tech

US-based legal tech startup entrepreneur Mary Juetten talks to Irish barrister and legal tech startup entrepreneur Orlagh Kelly about the importance of keeping things simple.

Start-up Corner: Lexoo raises $1.3million and gets support of Boris Johnson

Lexoo, a legal tech start-up matching UK SMEs and entrepreneurs with handpicked lawyers, has raised a further $1.3 (£843k) million in funding, taking total funding to over $1.7 million. The new funding round was led by Forward Partners and follows an earlier $400,000 investment in January. Other prominent investors include Jonathan McKay (chairman of Just Giving), Duncan Jennings (founder of Vouchercodes), Tim Jackson (Lean Investments), Robin Grant (founder of We Are Social) and the London Co-Investment Fund.

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