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By: Robert Ambrogi
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Litera Microsystems Is Sold to Hg Private Equity Group

Litera Microsystems Is Sold to Hg Private Equity Group

By Bob Ambrogi
on May 7, 2019

Three years after acquiring document technology company Litera and then investing $100 million into creating the portfolio company Litera Microsystems, the investment firm K1 Investment Management has sold the company to Hg Capital Trust Plc.

During its ownership, K1 says, Litera tripled its revenue to become one of the world’s leading providers…

AI Company Kira Systems Gets $50 Million Series A Investment

AI Company Kira Systems Gets $50 Million Series A Investment

By Bob Ambrogi
on September 5, 2018

Kira Systems, a Toronto-based developer of machine-learning software for contract review and analysis, today announced a $50 million Series A minority investment from Insight Venture Partners in New York City.

This is the first outside investment taken by the company, which was founded in 2011 by Noah Waisberg, a former corporate lawyer at…

Breaking: $100 Million Investment Combines Litera, Microsystems, XRef, and The Sackett Group #ILTACON

By Robert Ambrogi
on August 14, 2017

Just announced at ILTACON in Las Vegas is the combination of four leading legal document technologies – Litéra, Microsystems, XRef and The Sackett Group – into a single business they believe will better serve their more than 1,000 legal and corporate customers across the full document lifecycle.

The new platform is majority…

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Robert J. Ambrogi


Bob Ambrogi is a lawyer and journalist who has been writing and speaking about legal technology and innovation for more than two decades. He writes the award-winning blog LawSites, is a columnist for Above the Law, hosts the podcast about legal innovation, LawNext, and hosts the weekly legal tech journalists' roundtable, Legaltech Week.

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LawSites is a blog covering legal technology and innovation. It is written by Robert Ambrogi, a lawyer and journalist who has been writing and speaking about legal technology, legal practice and legal ethics for more than two decades.

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