Yesterday, March 9, 2020, EDRM Guardian partner, Everlaw, announced their Series C funding of $62 million dollars to accelerate their growth and innovation. Today, they announced that they had attained FedRAMP Moderate Authority to Operate, with Department of Justice support.
According to Techcrunch (links added):
CapitalG (Alphabet’s growth equity investment fund) and Menlo Ventures led the round. Existing investors Andreessen Horowitz and K9 Ventures also participated. The startup has now raised $96 million, according to the company.
Ron Miller of Techcrunch reports that Everlaw:
…has over 200 employees with 300 customers, processing 3,000 cases. This includes every state’s attorney general, as well as major law firms.
It’s worth noting the company also offers the product for free to non-profits, educators and investigative journalists.
EDRM is very proud of our Guardian partner, Everlaw, for raising this round, and for attaining the coveted FEDRAMP designation.