Country for PR: United States
Contributor: PR Newswire New York
Tuesday, August 11 2020 - 23:51
Reveal Acquires NexLP to become the leading AI-powered eDiscovery Solution
CHICAGO, Aug. 11, 2020 /PRNewswire-AsiaNet/ --

- Reveal takes a major step forward in its mission to bring AI to the masses 
and changing the way electronic data is managed with a "next-generation" 

Reveal announced today the acquisition of NexLP, the leading artificial 
intelligence software in the legal industry. With the acquisition, Reveal 
becomes the market-leader in AI-powered, end-to-end eDiscovery.

Photo -  

The acquisition of NexLP marks a significant step forward for the eDiscovery 
industry, positioning Reveal as a next-generation market leader with the first 
software to include best-in-class review, artificial intelligence and 
processing in an all-inclusive solution that achieves better outcomes and 
discovery insights faster. 

"The future of eDiscovery is artificial intelligence. We've acquired the leader 
in this space to ensure our platform is powered by cutting-edge AI technology 
and NexLP's premier data science team," said Reveal CEO, Wendell Jisa. "This 
exclusive integration of NexLP AI into Reveal's solution provides our clients 
the opportunity to lead in the evolution of how law is practiced."

NexLP's artificial intelligence platform turns disparate, unstructured data - 
including email communications, business chat messages, contracts and legal 
documents - into meaningful insights that can be used to deliver operational 
efficiencies and proactive risk mitigation for legal, corporate and compliance 

Reveal clients have access to the next-generation solution now. The companies 
have worked to fully integrate NexLP's AI software into Reveal's review 
software for more than a year. All features, including the industry-exclusive 
ability to run multiple AI models, as well as all future functionality, become 
part of Reveal's standard software. NexLP's artificial intelligence platform 
will remain available as a stand-alone application for current clients.

With the acquisition, Jay Leib, Co-Founder and CEO of NexLP, joins the 
leadership team of Reveal as its EVP of Innovation & Strategy. 

"We chose Reveal, after considering all the major players in the space, because 
they offer by-far, the most comprehensive, solutions-oriented technology on the 
market and we have a shared vision for the future of legal technology," said 
Jay Leib, Reveal EVP of Innovation & Strategy. "Reveal's global footprint and 
ability to deploy the Reveal solution in the cloud or on-premise enables us to 
rapidly expand the adoption of AI to tens of thousands of legal, risk and 
compliance professionals overnight. Our existing clients and partners should 
all be thrilled with our ability to expand our capabilities by joining Reveal."

The NexLP acquisition is Reveal's second major investment since Gallant Capital 
Partners, a Los Angeles-based investment firm, acquired a majority stake in 
Reveal in 2018. In June 2019, Reveal acquired Mindseye Solutions, an 
industry-leading processing and early case assessment software solution. 

About Reveal Data Corporation

Reveal helps legal professionals solve complex discovery problems. As a 
cloud-based provider of eDiscovery, risk and compliance software, Reveal offers 
the full range of processing, early case assessment, review and artificial 
intelligence capabilities. Reveal clients include Fortune 500 companies, legal 
service providers, government agencies and financial institutions in more than 
40 countries across five continents. Featuring deployment options in the cloud 
or on-premise, an intuitive user design, multilingual user interfaces and the 
automatic detection of more than 160 languages, Reveal accelerates legal 
review, saving users time and money. For more information, visit 

About NexLP

NexLP's Story Engine(TM) uses AI and machine learning to derive actionable 
insight from structured and unstructured data to help legal, corporate and 
compliance teams proactively mitigate risk and untapped opportunities faster 
and with a greater understanding of context. In 2014, NexLP was selected to be 
a member of TechStars Chicago. For more information, visit: 


Jennifer Fournier

SOURCE  Reveal