What is Cicayda?
Cicayda is a specialized provider of legal discovery services, focusing on critical areas such as legal hold and managed document review. The company leverages intelligent approaches to address complex legal challenges, aiming to deliver superior outcomes for its clients. Recently, Cicayda has forged a strategic partnership with TCDI, enhancing its capabilities in eDiscovery and cybersecurity. This collaboration is designed to bolster its service offerings to legal professionals and organizations requiring advanced assistance in legal discovery processes.
How much funding has Cicayda raised?
Cicayda has raised a total of $12.6M across 6 funding rounds:
Private Equity
$1M
Multiple Rounds
$7.7M
Series B
$3.8M
Debt
$150K
Private Equity (2012): $1M, investors not publicly disclosed
Private Equity (2013): $1.5M, investors not publicly disclosed
Series A (2013): $4M, investors not publicly disclosed
Private Equity (2013): $2.2M, investors not publicly disclosed
Series B (2014): $3.8M, investors not publicly disclosed
Debt (2020): $150K with participation from PPP
What's next for Cicayda?
With the recent strategic investment, Cicayda is poised for accelerated growth and innovation. The company is expected to further develop its AI-driven legal discovery tools and expand its service portfolio. This capital infusion will likely support enhanced marketing efforts, broader client acquisition, and continued technological advancements to maintain a competitive edge in the evolving legal tech landscape. The focus will remain on providing efficient and effective solutions for complex legal challenges.
See full Cicayda company page
