This year marks the 10th anniversary of Kira Systems, the first company to develop AI-powered contract analysis, technology that is now becoming commonplace in the legal profession. To mark the anniversary, Kira’s cofounders are releasing a book, AI For Lawyers: How Artificial…
In First for Contracts AI, Kira Creates Algorithm to Protect ‘Inferential’ Confidentiality of Training Data
In what it says is a first for artificial intelligence contract-analysis platforms in the legal industry, Kira has developed a differential privacy algorithm that protects the confidentiality of text in model training data when a user shares a machine-learning model with other firms or organizations.
The differential privacy algorithm prevents an attacker from potentially…
Post-ILTA>ON Round-up: Tons of Legal Tech News – Acquisitions, Launches, Updates and More
Last week may have been the first-ever virtual annual conference of the International Legal Technology Association, but just like past years’ face-to-face ILTACONs, this year’s ILTA>ON was the occasion for a flood of major news announcements from legal technology companies.
And given my own perfect storm last week of spending three hours a…
How Kira’s AI Is Being Used To Support Police Accountability Reform
Kira Systems is known in the legal profession for its machine learning software that identifies, extracts and analyzes text in commercial contracts, often used in M&A due diligence reviews. But in a unique public policy partnership, Kira’s software is being deployed as part of a police-reform initiative aimed at reducing police violence.
The reform…
Longtime Thomson Reuters Legal Analyst David Curle Joins Kira Systems
David Curle, a lawyer who is well known for his writing and analysis on legal technology, has joined the machine-learning contract-analysis company Kira Systems as legal content and research lead.
Since 2013, Curle has been director, enterprise content, technology and innovation, at Thomson Reuters Legal Executive Institute, where he has provided research and…
AI Company Kira Systems Gets $50 Million Series A Investment
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…