Immediation, labelling itself the world’s leading digital dispute resolution provider, announced it has received AUD$5 million (USD$3.5 million) in further funding from a consortium of institutional and private investors, managed by Euroz Hartleys. This AUD$5 million comprised the second tranche of an $8.5M raising. Immediation has now secured four institutional investors on its register, including Thorney Technologies, SG Hiscock, Wunala Capital, and Perennial Private Investments, the private capital business of major Australian investment management company, Perennial Partners.
The capital will be used to continue the Company’s rapid expansion in the U.S. and EMEA markets and grow its global sales force to meet growing demand for its purpose-built legal technology.
“To secure this new funding in this market is a huge endorsement of our rapid expansion into new markets, leading technology and business plan,” said Laura Keily, … … weiterlesen →