Additional financing of $4.3 million was raised by Reynen Court, a New York-based platform for legal technology, based in Amsterdam, The Netherlands, and New York.
Backers included new investors Bryce Catalyst and Forefront Venture Partners and existing investors Ventech and international law firms Clifford Chance and Latham & Watkins.
The funds will be used by the company to expand its operations and business reach.
Reynen Court, founded by Andrew D. Klein in 2017, is a legal technology platform that allows big law firms to mix and match what they need in order to run their business in the cloud.
This platform allows law departments and firms to search, test, secure adopt, and manage cloud-based software apps on the infrastructure of their choosing. Since its inception, a consortium of twenty of the largest global law firms has actively supported the company’s development. Reynen Court has also been supported by the second group of twenty-two top global banks and corporations. Over one-hundred-fifty third-party vendors of application are either participating in the Reynen Court platform or working towards it pursuant to signed agreements.