CloudLex has raised $4 million in additional funding, led by principal investor Aligned Partners, with participation from additional investors including Axis Capital Partners.
The announcement comes on the heels of CloudLex’s nationwide release of its “legal cloud” platform, designed to help plaintiff personal injury law firms build, manage, and grow their legal practices. It provides a suite of applications to help attorneys build, manage, and grow their firms.
“We are very excited to further our relationships with our investors and expand the scope of our revolutionary legal cloud,” said CloudLex CEO and founder Dev Shrotri. “As the leader in personal injury cloud technology for law firms, we intimately understand the distinct needs of personal injury law firms and are continuously striving to make our users more productive and efficient. Looking ahead, our users can anticipate more transformations that will further advance this goal.”
CloudLex plans to use the new investment to further develop personal injury products and market them to plaintiff law firms across the country.
