It’s a good time to be a legal startup, it seems. Just three weeks ago, wereported here that Clio, the cloud-based practice management platform, had raised $20 million in financing. Now comes news that the lawyer directory siteAvvo has closed $37.5 million in financing.
This latest round of financing was led by Coatue Management, with additional investment from Benchmark Capital, Ignition Partners and DAG Ventures, according to Avvo’s announcement. Avvo will use the new funding to accelerate...