eDiscovery Daily Blog
Who is Investing in eDiscovery Companies?: eDiscovery Trends
As we have reported in the past, the eDiscovery industry is still growing at an impressive rate. One recent market report estimated that the global eDiscovery market is forecast to reach $15.65 billion by 2020. So, who is investing in the eDiscovery industry?
Leave it to Rob Robinson, once again, to compile some useful stats for us.
In a recent story on his excellent Complex Discovery blog titled A Short List of eDiscovery Investors, Rob (who last year put together a “mashup” of industry estimates for us) once again puts together one of his useful lists for us, providing a short list of 30+ investment organizations (actually 32, but who’s counting) that have funded eDiscovery-related companies between 2009 and today. This list is based on Rob’s “non-comprehensive” list of industry mergers, acquisitions and investment tracking that he has tracked for over 12 years (which we previously covered here and here). His list provides the name of the investing organization, their website URL and an example company in which they’ve invested.
The investor company names include words like “venture”, “capital”, “partners”, “management” and “group”. Sounds like investors to me. They have invested in companies from AccessData and Advanced Discovery to Xact and Zovy. Some eDiscovery providers have received investments from more than one investment firm.
So, if you want to see some of the companies that are helping the fuel the growth of the eDiscovery industry, check out Rob’s story here.
So, what do you think? Can you think of other growth indicators in the eDiscovery industry? Please share any comments you might have or if you’d like to know more about a particular topic.
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