Houston-based software firm CloudNine is expanding its capabilities in e-discovery and electronic data collection with an acquisition.
CloudNine acquired ESI Analyst, which develops an electronic discovery, review and investigation platform for data and metadata analysis, the firms announced Aug. 25. Financial terms of the deal were not disclosed.
CloudNine plans to combine its e-discovery platform with ESI Analyst's capabilities to allow customers to upload and analyze datasets from a single, integrated platform for law firms, corporate legal departments, legal service professionals and government agencies. ESI Analyst brings capabilities for more modern forms of data, like mobile, chat, social and more.
"CloudNine’s customers continue to voice their need for a single platform to defensibly process, analyze, review and produce both modern and traditional data," said Tony Caputo, chairman and CEO at CloudNine.
CloudNine has been eyeing opportunities to expand its software offerings in the e-discovery space for legal-focused customers. In June, the Houston-based firm announced receiving an equity investment from Denver-based private equity firm Crest Rock Partners, which was aimed at fueling headcount growth and new product development. CloudNine said it plans to increase its headcount by over 50% in the next three years.
Headquartered in Houston, CloudNine has additional locations in Raleigh, North Carolina, and Dayton, Ohio, as well as remote employees in the U.S.
Bill David, co-founder and chief technology officer for CloudNine, died Aug. 7, the software firm announced earlier this month. David was the principal architect of CloudNine's automated e-discovery software, and he managed the firm's technology strategy, development and delivery.
CloudNine was founded in 2002 by David and Brad Jenkins as Trial Solutions of Texas LLC. Before rebranding to CloudNine in 2011, Trial Solutions of Texas LLC was named to the Houston Business Journal's FastTech List in 2009.
Jenkins and David also co-founded Paper Chaser, the predecessor of Trial Solutions of Texas.
