Alphabet’s CapitalG unit returned for the legal data platform developer's latest round, which was led by TPG Growth at a $2bn valuation.

US-based developer of legal data software provider Everlaw raised $202m yesterday in a series D round that included CapitalG, the growth-stage investment arm of internet and technology conglomerate Alphabet.

The round was led by TPG Growth, a subidiary of private equity group TPG, and also featured growth equity firm HIG Growth Partners and venture capital firms Menlo Ventures, K9 Ventures and Andreessen Horowitz. It valued the company at over $2bn.

Everlaw’s cloud-based platform uses machine learning to help legal practitioners…

Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.