Paris-based DiliTrust, a provider of SaaS solutions to help legal departments achieve excellence in corporate governance, announced on Friday that it has raised €130M in a fresh round of funding.
DiliTrust says that the round saw participation from a prestigious consortium of investors, including Cathay Capital, Eurazeo and Sagard.
Capital utilisation
This raised capital will help the company to accelerate its growth, both organically and through acquisitions, as well as support its ongoing innovation and international expansion. The funds will also help carry out a recruitment initiative over the next twelve months.
Yves Garagnon, CEO of DiliTrust, says, “This investment is a recognition of DiliTrust’s performance and reinforces its ambition to be the leader in solutions for legal departments thanks to its unique positioning. We work closely with corporate lawyers to anticipate their needs. We offer them the means to make a difference and efficiently manage key data required to make informed decisions. With the suite on the market, we give them the opportunity to create value for their organisation.”