Monday, November 17, 2014
LDiscovery and RenewData Merger Creates Industry Leading Full Service eDiscovery Provider
McLEAN, Va., November 17, 2014 — LDiscovery, LLC, a leading provider of eDiscovery services, today announced its merger with Renew Data Corp, a legal consulting and technology company, based in Austin, TX, with solutions that address the full spectrum of the Electronic Discovery Reference Model (EDRM).
The merger creates an industry leading full service eDiscovery provider with unparalleled capabilities offering best of breed services backed by leading edge 3rd party and proprietary technologies. LDiscovery is creating a new class of service provider which offers services within and beyond the boundaries of the EDRM by leveraging its expertise in litigation support and information governance with proven software development, information security and IT infrastructure capabilities.
The LDiscovery Companies, with more than 230 full time employees, now includes LDiscovery, AlphaLit, Flash Data Solutions, and RenewData. The combined enterprise offers the following capabilities to its corporate, law firm and government clients:
- Two Orange-Level Relativity Premium Hosting Partners
- ISO/IEC 27001 Data Centers in Austin, TX and McLean, VA
- Proprietary technology across the Electronic Discovery Reference Model (EDRM) including Remote Collection Manager (RCMgr®), backup tape processing, electronic data processing, and Early Case Assessment
- Patented Language-Based Analytics? data mining and review acceleration leveraging its consulting expertise and proprietary software: Anagram and Vestigate, a finalist for kCura’s first ever innovation award
- AlphaLit’s renowned PrivLog Builder™
- 225 seat Managed Review Center in McLean, VA
- 18 Relativity Certified Administrators , 6 Relativity Certified Sales professionals, 1 Certified Infrastructure Expert, 1 Relativity Certified Analytics Expert, and 5 Relativity Review Specialists
- International Reach: global remote collection (via RCMgr) coupled with processing, Relativity hosting, and production capabilities serviced from our London data center
- Corporate email archiving and compliance capability utilizing award winning software from ZL Technologies
“An industry leader in quality, client service and processing, LDiscovery offers the perfect complement of strengths and opportunities for synergies that are sure to be of tremendous value in supporting our clients,” said Jim Blayney, the outgoing CEO of RenewData who is working with Christopher Weiler and the rest of the management team to assure a smooth transition for clients, partners and employees. “We are now able to provide services internationally with a London processing and hosting center, offer Managed Document Review for a completely seamless eDiscovery experience, and achieve greater processing speed with LDiscovery’s world class processing technology.”
RenewData will maintain its brand name and continue offering its full range of services from Austin, TX, but will now leverage LDiscovery’s proprietary and industry leading ESI processing technology which is capable of accurately processing massive amounts of data in a fraction of the time of competitive solutions.
“With its roots going back to the very early stages of eDiscovery, RenewData has continued to innovate and achieve excellence in the eDiscovery industry”, stated Christopher Weiler, co-founder and President of LDiscovery. “Building on its world class data center, tape processing capabilities, and its proprietary Language-Based Analytics?, RenewData continually raises the bar in developing technology solutions for the legal market. LDiscovery welcomes RenewData and its talented employees, including its world class project management and operations team and exceptional software engineers and IT professionals, into our family and looks forward to continue setting the standard for technology and customer service excellence in our industry for years to come.”
The LDiscovery Companies launched a new Enterprise Solutions Division which will be spearheaded by industry thought leader Hemanth Salem. “The Enterprise Solutions Division will lead the strategic initiative to provide corporations and law firms with leading edge technology solutions and technical consulting services covering the entire information lifecycle from compliance monitoring to retention and legal holds to managing portfolios of litigation and investigations of any size and complexity”, said Hemanth Salem, Senior Vice President. “We have an extremely powerful combination of best of breed and proprietary technologies along with a team of leading experts to help corporations and law firms solve their enterprise level eDiscovery and information governance challenges.”
Rick Williams, Managing Partner of WestView Capital Partners commented, “With a focus on high quality service delivery, Christopher Weiler and his team have built an industry-leading provider of eDiscovery services and technology solutions. This combination creates an outstanding platform to continue LDiscovery’s strong growth both organically and through additional acquisitions.”
About RenewData
Renew Data Corp is a legal consulting and technology company with solutions that address the full spectrum of the Electronic Discovery Reference Model (EDRM). The company has a particular focus on review acceleration and its proprietary Language-Based Analytics (LBA) and will guarantee results. RenewData’s goal is to help corporations and law firms mine their unstructured data to significantly reduce the time, cost and risk associated with litigation and investigations. For more information, visit www.renewdata.com
About KLDiscovery
KLDiscovery provides technology-enabled services and software to help law firms, corporations, and government agencies solve complex data challenges. With offices in 26 locations across 17 countries, KLDiscovery is a global leader in delivering best-in-class data management, information governance, and eDiscovery solutions to support the litigation, regulatory compliance, and internal investigation needs of clients. Serving organizations for over 30 years, KLDiscovery offers data collection and forensic investigation, early case assessment, data processing, application software and data hosting for web-based document reviews, and managed document review services. In addition, through its global Ontrack data management business, KLDiscovery delivers world-class data recovery, disaster recovery, email extraction and restoration, data destruction, and tape management. KLDiscovery has been recognized as one of the fastest growing companies in North America by both Inc. Magazine (Inc. 5000) and Deloitte (Deloitte’s Technology Fast 500), and CEO Chris Weiler was a 2014 Ernst & Young Entrepreneur of the Year™. Additionally, KLDiscovery is a Relativity Certified Partner and maintains ISO/IEC 27001 Certified data centers around the world. Visit www.kldiscovery.com to learn more.
Investor Contact
Dawn Wilson
571.424.0818
dawn.wilson@kldiscovery.com
Media Contact
Danny Zambito
888.811.3789
danny.zambito@kldiscovery.com