LTH Insights/CLIO ANNOUNCES $850M IN FINANCING AT A $5B VALUATION AS IT COMPLETES VLEX ACQUISITION

Clio Announces $850M in Financing at a $5B Valuation as it Completes vLex Acquisition

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The new financing, comprising $500 million in equity investment via a Series G round and an additional $350 million debt facility, will be used to fuel the now-completed acquisition of vLex and increase internal investment, particularly in the company’s new enterprise business.

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