About RenewData
RenewData is a company based in Austin (United States) founded in 2001 was acquired by KLDiscovery in November 2014.. RenewData has raised $41.4 million across 4 funding rounds from investors including KLDiscovery, Abacus Finance and ABS Capital. RenewData operates in a competitive market with competitors including Lighthouse, Consilio, Nuix, Kazeon Systems and Complete Discovery, among others.
- Headquarter Austin, United States
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Sectors
Professional & Legal Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$41.4 M (USD)
in 4 rounds
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Latest Funding Round
$70 M (USD), Debt – Conventional
Dec 09, 2014
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Investors
KLDiscovery
& 3 more
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Employee Count
Employee Count
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Acquired by
KLDiscovery
(Nov 17, 2014)
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Funding Insights of RenewData
RenewData has successfully raised a total of $41.4M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $70 million completed in December 2014. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $70.0M
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First Round
First Round
(17 Aug 2006)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2014 | Amount | Debt – Conventional - RenewData | Valuation |
investors |
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| Jul, 2012 | Amount | Series C - RenewData | Valuation |
investors |
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| Sep, 2009 | Amount | Series C - RenewData | Valuation | unknown |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in RenewData
RenewData has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include KLDiscovery, Abacus Finance and ABS Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Abacus Finance is engaged in providing tailored credit solutions to lower-middle market companies.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by RenewData
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - RenewData
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Renewdata Comparisons
Competitors of RenewData
RenewData 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 Lighthouse, Consilio, Nuix, Kazeon Systems and Complete Discovery, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Lighthouse is recognized for providing eDiscovery and AI-driven legal solutions.
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| domain | founded_year | HQ Location |
Cloud-based ediscovery software and services are provided to law firms.
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| domain | founded_year | HQ Location |
Security analytics and threat detection solutions are provided for endpoints.
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| domain | founded_year | HQ Location |
Legal e-discovery and information management services are offered.
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| domain | founded_year | HQ Location |
Offers eDiscovery, litigation support, data hosting, and managed services for legal matters worldwide.
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| domain | founded_year | HQ Location |
Digital forensics, e-discovery, and incident response solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Renewdata
Frequently Asked Questions about RenewData
When was RenewData founded?
RenewData was founded in 2001 and raised its 1st funding round 5 years after it was founded.
Where is RenewData located?
RenewData is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Who is the current CEO of RenewData?
Jim Blayney is the current CEO of RenewData.
Is RenewData a funded company?
RenewData is a funded company, having raised a total of $41.4M across 4 funding rounds to date. The company's 1st funding round was a Series C of $6.14M, raised on Aug 17, 2006.
What does RenewData do?
Founded in 2001 and based in Austin, United States, RenewData operates in the eDiscovery sector. Services encompass planning, preservation, collection, processing, review, and production of electronically stored information, alongside ESI risk management, forensic consulting, and evidence storage solutions. Project management and client advisory support are also extended to corporations and law firms handling lawsuits, investigations, and audits.
Who are the top competitors of RenewData?
RenewData's top competitors include Lighthouse, Consilio and Nuix.
Who are RenewData's investors?
RenewData has 4 investors. Key investors include KLDiscovery, Abacus Finance, ABS Capital, and unknown.
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