DTI, a global legal process outsourcing (LPO) company providing eDiscovery, management services, litigation support, and court reporting, announced that it has completed a strategic, minority investment in Valora Technologies, Inc. Valora is a leading innovator in AutoClassification, predictive analytics and document data mining technologies for information governance, eDiscovery, and records management.
The investment underscores the commitment DTI has made to investing in leading-edge information governance solutions.
“This investment will propel Valora to the forefront of AutoClassification technology, building on our substantial lead,” said Valora CEO, Sandra Serkes. “Our mission is to transform the creation and utilization of rich metadata for mission-critical information management purposes, such as large content migrations, file cleanups, remediation, classification and compliance.”
“Valora’s PowerHouse® automated services delivery engine is miles ahead of anything we’ve seen in the eDiscovery or information governance space and we are impressed with the Valora team,” said John Davenport, Jr., founder and CEO of DTI. “We look forward to bringing sophisticated solutions like these to our extensive client base.”
Valora remains an independent organization from DTI, maintaining its current management team. Terms of the financing were not disclosed.
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