Like Peanut Butter And Jelly: Why kCura Bought Content Analyst

On Monday, Chicago based edisovery behemoth kCura, the maker of Relativity, announced that it had bought Virginia based text analytics company Content Analyst. The two companies are privately held and terms of the deal were not disclosed. kCura and Content Analyst have been working together since 2008 and Content Analyst’s analytics software CAAT is embedded in Relativity. Since 2007, kCura grew their business organically without any outside financing until last year when Iconiq Capital invested a jaw dropping $125 million to become a long term minority stakeholder. This is not kCura’s first acquisition, but it is the first time that kCura acquired another leading company in the legal technology space. And, as others have already noted, it is perhaps kCura’s most significant flex of muscle since the Iconiq investment. So why…


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