Recommind raises $7.5M for eDiscovery 2.0
Recommind, which offers an “eDiscovery” service aimed at law firms, has raised $7.5 million in a first round of venture funding. Despite the slowing economy, chief executive Robert Tennant says his company should stay very busy in the coming months.
That’s because San Francisco-based Recommind provides a key tool for litigation. Its Axcelerate product is used during electronic discovery, also known as eDiscovery, which is the initial process of sorting through electronic records. With financial institutions… Continue Reading