SEATTLE, WA (March 22, 2012) – Lighthouse, a leader in electronic discovery services, announced today that it had raised nearly $3 Million in new financing from Union Bay Capital, a leading institutionally backed private investment firm, and from Lighthouse shareholders.
Lighthouse has a long and successful track record in ediscovery, serving industry leading Fortune 100 Companies and Am Law 100 firms. This investment will enable Lighthouse to continue its growth and expansion as a national ediscovery service provider with innovative solutions. “Lighthouse is thrilled to partner with Union Bay Capital to further our mission of being the best ediscovery service provider in the country,” said David Rostov, Co-Managing Partner at Lighthouse. “Union Bay’s strategic investment allows us to enhance and broaden our services while providing further innovation in our field.”
Lighthouse is known for combining innovative and open technology solutions with industry expertise to improve discovery workflows and dramatically reduce the overall costs of litigation. Lighthouse has been providing discovery services to clients for over 16 years in the Pacific Northwest. Over the past few years, Lighthouse has emerged as a national service provider for major national corporations and law firms. This financing will enable Lighthouse to provide even greater service across the United States.
“We are excited to be investing in Lighthouse,” said Jeff Schrock, Managing Director of Union Bay Capital. “Lighthouse is one of the premiere ediscovery players with an outstanding team and a great client base. We look forward to their successful expansion.”
About Union Bay Capital
Union Bay Capital is an institutionally backed investment fund providing capital to exceptional growth stage technology companies. Union Bay Capital is an innovative firm which offers a range of minimally dilutive, non-restrictive financing solutions tailored to each company’s unique circumstance and market opportunity.
Seattle-based Lighthouse is a leading full-service ediscovery provider to Fortune 100 companies and Am Law 100 law firms nationally. For over 16 years, the company has provided products and services that corporations and law firms need to effectively manage complex litigation, corporate matters and successfully meet the growing demands of electronic discovery. More information is available at www.lighthouseglobal.com.