Reynen Court revamps its cloud-based legaltech platform
Reynen Court's full-service model will give law firm and law departments a powerful alternative to the self-managed platform
Reynen Court, a California-based legaltech company, has unveiled a new version of its app store platform that allows law firms and corporate in-house legal departments easy access and manage third-party software applications without putting pressure on their own IT infrastructure.
The company, which is backed by several law firms including Clifford Chance, Latham & Watkins and Orrick, said the new platform makes it easier for firms and legal departments to source, test and adopt cloud-based legal technology.
Reynen Court's new full-service platform adds to its existing self-managed platform, where users provide their own infrastructure to host the platform and manage all third-party applications in-house.
"For law firms and law departments that seek to access a portfolio of modern cloud-based solutions without having to trust their confidential data to a large and growing number of disparate vendors, our full-service model will give them a powerful alternative to the self-managed platform," Venky Srinivasan, chief evangelist at Reynen Court, said.
According to Bill Koch, chief knowledge officer at Womble Bond Dickinson in the US, they see no end to the onslaught of new technologies. "Reynen Court will allow us to cut through the noise so that we may rapidly adopt technologies that improve our efficiency and facilitate purposeful interactions with our clients," Bill Koch was quoted as saying.
Womble Bond Dickinson is among the law firms that have signed up to Reynen Court's new full-service platform.
Reynen Court, which was founded in February 2018, had raised $7.4 million last year to expand and consolidate. While it raised $3 million in January 2000, it secured $4.5 million in October to accelerate its growth. At the time of the October fundraising, the platform's 'solutions store' provided access to around 200 third-party legaltech applications. The number of its clients has since increased.