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Clio secured a US $900 million Series F funding round, positioning the company at a US $3 billion valuation. This significant financial backing has enabled Clio to scale its operations and invest in product development. The infusion of capital supports ongoing innovation and market expansion efforts. Key investors include New Enterprise Associates (NEA) with a dominant stake, along with Goldman Sachs Asset Management, Sixth Street Growth, CapitalG, and Tidemark. Their strategic involvement not only provides financial resources but also brings industry expertise and guidance, boosting Clio’s competitive stance. The funding aligns with Clio’s growth priorities, focusing on enhanced R&D, marketing initiatives, and talent acquisition. Key points: - US $900 million in Series F - Valuation at US $3 billion - Major investors: NEA, Goldman Sachs, Sixth Street Growth, CapitalG, Tidemark
Clio offers a cloud-based practice management platform that streamlines case management, billing, document handling, and scheduling for law firms. The solution improves operational efficiency through integrated, user-friendly tools, catering to both small and large legal practices.
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