Austin Based Disco Secures Eight-Figure Funding Round
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Funding round
Austin-based legal tech startup Disco has secured an eight-figure funding round. The company plans to use the funding to expand its presence in the U.S. and internationally.
Disco was founded with the ambition of creating a new way for independent brands to work together. While it originally started out as an e-discovery tool, it now has other products and services to offer.
The company’s flagship electronic discovery software helps lawyers quickly gather evidence. It also provides tools for analytics, merchandising and collaboration.
Disco is backed by Georgian Partners, The Stephens Group and Bessemer Venture Partners. To date, the company has raised more than $235 million. And it has been ranked on the Deloitte Technology Fast 500.
The company recently moved its headquarters from Houston to Austin. Disco will use the funds to grow its presence in North America, EMEA and APAC. In addition, it will add more than 200 employees to its team, doubling its headcount by the end of the year.
DISCO plans to continue investing in its cloud technology platform. Additionally, it will be aggressively expanding its go-market team. As a result, its sales capacity in North America will double over the next 12 to 15 months.
The company will also launch offices in Asia and Latin America in the coming years. This will help it expand its global partnerships and build a thriving ecosystem of businesses.
With the latest round of financing, Disco has reached a post-money valuation of $785 million. This figure ranks among the largest funding rounds for Austin startups.
Disco plans to use the funds to expand its team, open offices in APAC and EMEA and develop its strategic channel program. In addition, the company will continue to invest in software like DISCO Ediscovery.
Its mission is to help legal professionals improve client outcomes by offering efficient and cost-effective solutions. Disco plans to take advantage of the booming markets in Africa and the Middle East, as well as in Europe.
The company’s current total assets are $235 million. With this latest investment, Disco will be able to accelerate its growth in the $12.5 billion e-discovery market.
Mission
Austinbased Disco 60m 785m, located in Austin, Texas, is the real deal in the wireless audio and video networking space. A few years ago, the illustrious duo of entrepreneur Mike Hendershot and Michael Austro founded this little known juggernaut, and the rest is history. To date, the company has deployed its technology in over twenty countries, and aims to expand in the coming years. In the meantime, if you’re in the market for high-speed internet access in rural areas, this is the company to call. Using its low-cost antennas and fiber optics, it can send signals over the air to locations that a land-based carrier might find difficult. For now, it’s partnering with Verizon FiOS in the U.S., but that’s not stopping the company from moving across the pond, albeit at a brisk pace.
The company has a knack for coming up with the sexiest products, and its ad department is one of the best in town. It’s also been in the news lately, most recently for its philanthropic stance, which saw the creation of the Disco 60M Foundation, a non-profit entity dedicated to educating and empowering children and youth in the community. Founded as a for-profit enterprise in 2013, the company has grown by leaps and bounds, as the founders have demonstrated. Among its notable investors are Fidelity Investments, Tiger Global Management and Redpoint Ventures.
Products offered by the company
The Disco 60M is an Austin based startup (Austinbased Disco 60m 785m) specializing in the video marketing biz. It was founded in 2013 by two Austin entrepreneurs, Mike Hendershot and Michael Austro. Their technology is a wireless mesh network that delivers high speed internet to homes in rural areas. They have deployed their services in more than 20 countries. One of the best things about their technology is that they use low cost antennas to send signals through the air. Currently, they have a partnership with Verizon FiOS in the U.S. They also have offices in Barcelona and Singapore.
They have been making waves for a while now. The latest round of funding includes $60 million from Georgian and Stephens Group, along with Fidelity Investments, Austin Ventures, and Redpoint Ventures. This funding will go a long way towards fueling their continued growth in the mobile and video marketing spaces. They are also well on their way to becoming a global powerhouse in the wireless and mobile space.
With a team of experienced engineers, marketers and entrepreneurs they have come up with some of the most cutting edge technologies in the industry. Using their proprietary algorithms they can remove the noises and interferences from the audio signals and deliver them to the listener with uncompromised quality. Using a combination of hardware and software they are able to do the following: * Distribute, * Monitor and * Manage their network.
With their impressive product line and stellar team, it’s no surprise that they have already achieved success. A recent $100 million investment round in the last few months will allow them to expand their operations in North America and abroad. Not to mention, they have a well rounded customer base that has fueled their impressive growth over the past three years. Taking into account their latest ventures they are now a $785 million enterprise. You’ll find more details on their recent ventures and their current list of investors in the coming weeks. Be sure to check them out! The Disco 60M has the hottest line up of talented individuals in the business and is a great addition to the Austin tech scene.
Future plans
The Austin-based Disco 60M has secured a significant amount of funding for its operations. According to the company’s website, the company is currently pursuing its mission of bringing efficiency and cost savings to the legal space. Using its proprietary wireless audio technology, the company aims to offer a better listening experience and reduce unwanted interference.
The company’s team is made up of experienced engineers and marketers. Disco 60M is headquartered in Austin, Texas, and has offices in Barcelona, Spain. With a focus on channel programs and global partnerships, the company plans to expand its offerings and product development. A recent investment round boosted the company’s total assets to $235 million. Now, it is focusing on expanding its reach in North America, Europe, Africa, and the Middle East.
In addition to its new investment, the company has also received a debt facility of $40 million from Comerica. The investment will help to further fuel the company’s growth in mobile technologies. Using the funds, the company will continue its expansion and build its audio library. It has already been deployed in more than 20 countries.
The company’s latest funding round is part of a series of investments by a diverse set of investors. Other funds included Breyer Capital, Georgian, Maverick Capital Partners, Redpoint Ventures, and Stephens Group. These investors will contribute to the company’s growth as it looks to accelerate product development and develop a large, worldwide customer base. This new round of funding will be used to expand the company’s operations and provide high-speed internet access to rural areas. Currently, Disco is partnered with Verizon FiOS in the U.S.
The company has already developed an innovative, wireless mesh network for Austinbased Disco 60m 785m. This technology uses low-cost antennas to transmit signals through the air. When combined with its algorithms, which identify sources of interference, the technology delivers uncompromised sound quality. Ultimately, Disco 60M plans to improve the wireless audio experience for consumers everywhere. As it continues to grow its presence, the company will remain committed to offering a compelling value proposition to audio enthusiasts around the world.
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