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The enhancement will help legal teams easily redact A/V evidence without the need for third-party software, bringing together redaction, transcription and translation capabilities into one single environment on Everlaw’s platform.

New capability allows audio and video (A/V) redactions directly on Everlaw’s platform, responding to a 250% increase in transcribed A/V files, according to Everlaw data.

Everlaw is a cloud-native, AI-powered e-discovery and investigation platform that helps law firms, corporate legal departments, and government agency legal teams uncover the needle-in-a-haystack pieces of information that can make or break a case or investigation.

Everlaw has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2022, placing fourth in the Most Innovative Enterprise Companies category, joining the ranks of Canva, Microsoft, SpaceX, and more.

As the digital universe continues to expand, the rise of remote work over the past two years has accelerated an already growing trend toward the use of memes, gifs and emojis in digital communications, which is changing the landscape for ediscovery.

Everlaw, a cloud-native legal technology platform specializing in electronic discovery (ediscovery), has raised $202 million in a series D round of funding from a slew of high-profile investors including Alphabet’s Capital G. The Oakland, California-based company is now valued at more than $2 billion.

Everlaw Inc, an ediscovery software provider, said on Tuesday it has raised $202 million in a Series D funding round led by TPG Growth, the growth investment arm of private equity firm TPG. Everlaw joins a small but growing number of legal tech companies to achieve “unicorn” status, meaning a startup valued at more than $1 billion.

Everlaw, the cloud-native investigation and litigation platform, today announced the release of Everlaw Legal Holds, a new capability that will help in-house legal teams more easily preserve evidence in a defensible way. Additionally, Everlaw released a new cloud connector to Slack, which will enable teams to more quickly and effectively ingest and analyze data from Slack directly within Everlaw.

Everlaw announced today the migration of its federal SaaS platform to AWS GovCloud (US), joining a select list of cloud-native e-discovery, collaboration and document review tool to meet the most stringent U.S. government security requirements.