Source: Legal IT Insider
By Caroline Hill
Steno, the LA-based provider of tech-led litigation support services, today (23 May) announces the close of a $15M Series B funding round, led by Left Lane Capital. As part of its Series B fundraise, Steno also announces a strategic investment from Clio Ventures, the direct investment arm of legal technology vendor Clio. The companies anticipate launching an integration later this year.
The company has raised a total of $38.5M, including a Series A round completed in fall 2020 led by Trust Ventures.
Greg Hong, Dylan Ruga, and Dan Anderson co-founded Steno in 2018 with a mission to
revolutionize the legal support service industry by rebuilding the traditional court reporting agency model. Steno’s flagship product, DelayPay, enables law firms to defer service costs until their case resolves, solving a long-standing cash flow problem for lawyers…
Read full article: https://legaltechnology.com/2023/05/23/steno-raises-15m-series-b-including-investment-from-clio-ventures/
