- Disco, an Austin, TX-based legal tech company, received $40M debt financing from Comerica
- This deal brought Disco to complete its $100m fourth-quarter financing, bringing total investment to $235m, and valued the company at $785m
- The $100m round included the previously announced $60m in equity from Georgian, LiveOak Venture Partners, Bessemer Venture Partners, the Stephens Group
- The company will use the proceeds from the financing to continue to invest in building AI-powered solutions that address the entire litigation lifecycle
- Disco also provides solutions that include the DISCO cloud technology platform, software products
- Corporate legal departments, law firms, and government agencies around the world use the company’s solutions for e-discovery
