Existing investor Slaughter and May was among the participants as legal software developer Luminance added to the funding it raised last year.
Luminance, a UK-based developer of artificial intelligence (AI) software for the legal profession, has closed a $10m series A round featuring law firm Slaughter and May that valued it at $50m.
Venture capital firm Talis Capital led the round with participation from technology investment and advisory firm Invoke Capital. The funding will be used to meet global demand and support Luminance’s North American office, which recently opened in Chicago.
Luminance has developed an AI platform to assist legal professionals with…
