The Hubert Burda-backed Acton Capital leads the latest round for law practice management company Clio, as it raises $6m.
Clio, the Canada-based developer of a web-based management system for law practices, has secured $6m in series B funding, it emerged on Monday. Acton Capital Partners, the former corporate venturing fund for media conglomerate Hubert Burda, led the round.
Acton was joined in the round by existing investors, which were unnamed apart from venture capital firm Point Nine Capital. Clio made the announcement at the LegalTech New York trade show.
Founded in 2007, Clio provides cloud-based management tools to aid…
