Software Startup Zapproved Raises New Financing

Zapproved just closed a new round of funding from Vista Equity Partners.

Founded in February, 2008, Zapproved Inc. develops cloud-hosted software for corporate legal departments. Its Z-Discovery platform helps in-house corporate legal teams navigate electronic discovery with minimal risk and cost, setting new standards for scalability and intuitive design. The company’s flagship product, Legal Hold Pro, has been widely adopted by Fortune 500 and Global 2000 corporations and earned recognition as the 2014 Best of the National Law Journal, as well as the 2013 and 2014 Best of Legal Times. Zapproved was named in the 2014 Inc. 500 as one of the fastest growing private companies in the U.S.

The company said it intends to use the funds to expand its team and accelerate growth in the e-discovery software market.