Wednesday, March 21, 2007

RenewData Raises $5M In Series D

Austin, Texas-based RenewData has raised $5M in a Series D funding, the firm announced this morning. The round came from its existing investors, which include ABS Capital Partners and CIBC Capital Partners. Renew Data provides electronic discovery services for law firms and corporations, used to manage digital data, email and user files. The firm said the funding round will go towards scaling both its physical space and technology. More information »