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Clio Completes $1B vLex Acquisition, Secures $500M At $5B Valuation In Largest Legal Tech Deal
Yahoo Finance· 2025-11-19 21:31
Legal technology company Clio announced on Nov. 10 that it has closed what it calls one of the industry’s most significant and largest transactions to date. The firm closed its $1 billion purchase of vLex while raising $500 million in a Series G round that valued the company at $5 billion. New Enterprise Associates led the Series G investment, joined by existing backers Technology Crossover Ventures, Goldman Sachs Asset Management, Sixth Street Growth, and JMI Equity. Don't Miss: 350 Legal Tech Experts Jo ...