CloudLex Raises $4M In Funding

CloudLex, a NYC-based provider of a personal injury law firm platform, raised $4m in funding.The round, which brings total funding to $7.7m, was led by Aligned Partners with participation from Axis Capital Partners.The company plans to use the funds to further develop personal injury products and bring those offerings to plaintiff law firms across the country through its national sales and marketing strategy.Led by CEO & Founder Dev Shrotri, CloudLex provides Legal Cloud®, a cloud-based personal injury law firm platform designed exclusively to help plaintiff personal injury law firms build, manage, and grow their legal practice.The solution is used across 15 jurisdictions hosting over 5 million legal records in the last month alone.