Acton Capital Partners leads $6 million investment in Clio2012-01-31 1
The multi-million dollar boost to the Vancouver-born company, was acquired during a Series B financing round led by Acton.
“We are delighted to welcome Acton on board as a partner in Clio’s continued growth. Acton’s experience in building globally recognized companies will help us deliver a best-in-class product to a worldwide client base,“ said Clio founder and CEO Jack Newton.
Clio is a comprehensive web-based practice management product designed for solo practitioners and small to medium-sized law firms.
“We invested in the company back in early 2009 when it had only a handful of users. Today, Clio is the leading Cloud-based practice management solution for lawyers in North America and has thousands of customers,” said Point Nine Capital co-founder Christoph Janz.
The company began in 2007 and is the first investment in North America made from Acton’s Heureka Growth Fund.
All images in this article are subject to the Creative-Commons-Lizenz (credit - no editing, CC BY-ND , link to the legally-binding license agreement). Excluded are pictures that are labelled differently, including from Panthermedia, Fotolia, Pixelio, Morguefile, along with press photos or publishers' own visual material.