Law firm timekeeping startup Ping received a $13.2 million venture funding boost, bolstering the record rise in legal tech investments over the past few years.
The Series A funding round was led by Upfront Ventures and joined by BoxGroup, First Round Capital, Initialized Capital, and Ulu Ventures. It brought total investment in the artificial intelligence-infused software company to $17.4 million, a Ping statement said.
The announcement stands out for at least one big reason: Most recent legal tech investments of note have focused on vendors selling tools to streamline contract management, e-discovery, and broader-based “law practice management” systems, as opposed ...
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