KLDiscovery

Austin, United States Founded: 2005 • Age: 21 yrs
Ediscovery solutions are provided for law firms and corporations.
Annual revenue $345.8M Latest available
Total funding $33.7M 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About KLDiscovery

KLDiscovery is a company based in Austin (United States) founded in 2005. KLDiscovery has raised $33.75 million across 3 funding rounds from investors including The Carlyle Group, Wilmington Trust and WestView Capital Partners. KLDiscovery has completed 4 acquisitions, including Cenza, RenewData and SDS Discovery. KLDiscovery operates in a competitive market with competitors including Everlaw, Relativity Technologies, Exterro, Onna and Logikcull, among others.

Operational Areas
Professional & Legal Services → Legal Technology Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $345.8 M (USD)
    8.94
    as on Dec 31, 2023
  • Net Profit
    -$34.81 M (USD)
    19.37
    as on Dec 31, 2023
  • EBITDA
    $63.99 M (USD)
    38.73
    as on Dec 31, 2023
  • Total Equity Funding
    $33.75 M (USD)

    in 3 rounds

  • Latest Funding Round
    $33.75 M (USD), Series B

    Nov 19, 2024

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    Cenza

    & 3 more

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People of KLDiscovery

Headcount 500-1000
Employee Profiles 99
Employee Profiles
People
Keith Burke
Vp, Legal Technology Solutions
People
Pierre Beuret
Senior Manager, Business Development
People
Nisha MacHamma
Associate Project Manager
People
Andy House
Review Manager

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Funding Insights of KLDiscovery

KLDiscovery has successfully raised a total of $33.75M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $33.75 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in KLDiscovery

KLDiscovery has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include The Carlyle Group, Wilmington Trust and WestView Capital Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
WestView Capital is focused on growth-oriented company investments.
Locked Locked Locked
Revolution is recognized as a D.C.-based investment firm.
Locked Locked Locked
Private equity investments are directed toward multiple sectors.
Locked Locked Locked
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Investor details for KLDiscovery

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by KLDiscovery

KLDiscovery has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Cenza, RenewData and SDS Discovery.

Investments
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Investment portfolio details for KLDiscovery

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  • Portfolio identities
  • Transaction dates
  • Round details
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Legal tech consulting and implementation services are provided.
Locked Locked 2004 Locked
eDiscovery and forensic services are provided for legal needs.
Locked Locked 2001 Locked
Litigation support services are provided to legal professionals.
Locked Locked 1998 Locked
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Complete acquisition details for KLDiscovery

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - KLDiscovery

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Detailed financials for KLDiscovery

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  • Profit trends
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Kldiscovery Comparisons

KLDiscovery Primary company
Description
Ediscovery solutions are provided for law firms and corporat...
Location
Austin, United States
Founded Year
2005
Annual Revenue
$345.8 M (USD)
Net Profit
-$34.81 M (USD)
EBITDA
$63.99 M (USD)
Employees
Not available
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Peer comparison for KLDiscovery

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  • Headcount comparison
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Competitors of KLDiscovery

KLDiscovery operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Everlaw, Relativity Technologies, Exterro, Onna and Logikcull, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based eDiscovery and litigation software is offered for legal teams.
Locked Locked Locked
Cloud-based e-discovery software is utilized for document review and analysis.
Locked Locked Locked
Data risk management solutions for eDiscovery are provided.
Locked Locked Locked
SaaS based eDiscovery
Locked Locked Locked
Ediscovery software is provided for lawyers' document processing and organization.
Locked Locked Locked
Ediscovery platforms with AI analytics are developed for litigation.
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Detailed competitors of KLDiscovery

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Kldiscovery

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Complete news archive for KLDiscovery

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about KLDiscovery

KLDiscovery was founded in 2005 and raised its 1st funding round 13 years after it was founded.

KLDiscovery is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

KLDiscovery is a funded company, having raised a total of $33.75M across 3 funding rounds to date.

Annual revenue of KLDiscovery is $345.8M as on Dec 31, 2023.

Founded in 2005 and based in Austin, United States, KLDiscovery operates in the ediscovery sector. Services encompassing e-discovery, information governance, and data recovery are offered to law firms, corporations, government agencies, and consumers. Litigation, regulatory compliance, internal investigations, and data management are supported through these solutions. An end-to-end ediscovery platform is included, along with a processing and analytics suite for document handling and review.

KLDiscovery's top competitors include Everlaw, Relativity Technologies and Exterro.

KLDiscovery has made 4 acquisitions, including Cenza, RenewData, and SDS Discovery.

KLDiscovery has 4 investors. Key investors include The Carlyle Group, Wilmington Trust, WestView Capital Partners, and Revolution.

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