February 4, 2015 – Reed Smith provided counsel to e-discovery software company kCura in the company’s first equity raise. kCura, the Chicago-based developer of Relativity, announced today the $125 million deal with its minority investor, San Francisco-based ICONIQ Capital.
Reed Smith is among the more than 110,000 active users of Relativity worldwide, which include 195 of the AmLaw 200 law firms as well as the U.S. Department of Justice. Under the terms of the deal, kCura will remain privately owned and independent. The funds will allow the company to accelerate the build-out of Relativity, while increasing investment in the company’s people and technology.
The Reed Smith team was led by Michelle Moore, and included Morley Fortier, Arnie Grant, Jenny Baker, Michelle Mantine, Michelle Arvans, and Kris Hemlock.
About Reed Smith
Reed Smith is a global relationship law firm with more than 1,800 lawyers in 25 offices throughout the United States, Europe, Asia and the Middle East. Founded in 1877, the firm represents leading international businesses, from Fortune 100 corporations to mid-market and emerging enterprises. Its lawyers provide litigation and other dispute resolution services in multi-jurisdictional and other high-stakes matters; deliver regulatory counsel; and execute the full range of strategic domestic and cross-border transactions. Reed Smith is a preeminent advisor to industries including financial services, life sciences, health care, advertising, entertainment and media, shipping and transport, energy and natural resources, real estate, manufacturing and technology, and education. For more information, visit reedsmith.com.
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