Clio Gets $250M Investment, Adds Avvo Founder to Board - Articles

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Posted by: Stacey Shrader Joslin on Sep 11, 2019

Cloud law practice management company Clio recently announced a $250 million investment in its operations -- one of the largest investments ever for a legal technology company, LawSites reports. The funding is coming from two growth equity companies: TCV and JMI Equity. Clio said the investment will accelerate its ability to “realize its vision of enabling lawyers to more easily deliver their services and make those services more accessible.” In other news, Clio also recently announced that Mark Britton, who founded Avvo in 2006 and sold it last year to Internet Brands, is joining its board of directors. Clio is a benefit partner of the TBA and offers discounts for TBA members. Learn more here.