USA – Reynen Court, an Amsterdam, The Netherlands- and New York-based legal technology platform provider, raised $4.3m in additional financing.
Backers included new investors Bryce Catalyst and Forefront Venture Partners and existing investors Ventech and international law firms Clifford Chance and Latham & Watkins.The company intends to use the funds to expand operations and its business reach.Founded in 2017 by CEO Andrew D. Klein, Reynen Court is a legal technology platform designed to help big law firms to mix and match what they need to run their business in the cloud.The platform allows firms and law departments to research, test, securely adopt and manage cloud-based software applications on infrastructure of their choice. Since its inception, a consortium of twenty of the largest global law firms has actively supported the company’s development. More recently, a second consortium of twenty-two of the most important banks and global corporations came together to collaborate with Reynen Court and its law firm consortium. More than one-hundred and fifty third-party application vendors are participating on the Reynen Court platform or working towards participation pursuant to signed agreements.14/03/2022
