London, UK - Linex Systems, a leading provider of content automation and intelligence software, announced today that it has secured $1 million in funding to further growth and continue driving innovation as an industry leader in the legal information sector.
Founded in 2004 by CEO Matthew Dickinson, Linex Systems was one of the first to fill a gap in the legal technology market by developing a software platform specifically designed to fulfil the needs of Law Librarians & Knowledge Managers. Linex processes and indexes news articles from thousands of websites, emails and subscription news sources on behalf of its clients and provides a simple interface for filtering and publishing articles and insights to end users. Today, Linex has over 300 law firm and banking clients spread across the globe, with offices in both London and Atlanta, USA.
Linex is currently experiencing a period of rapid growth, driven by exponential demand from the legal sector. Clients include top UK & US law firms such as Linklaters, Allen & Overy, Baker & McKenzie, White & Case, and Clifford Chance as well as a growing list of banking clients. Demand is also increasing from other markets, with a number of public sector organisations and other professional services currently onboarding. The $1 million investment is a strong indication of the market’s confidence in this growing sector.
Building upon this momentum, Linex will use the additional funding to further its current investment in product development, with a new platform in the pipeline, and to expand its reach into new sectors such as finance, healthcare and pharmaceutical.