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Canadian legal technology company Clio secures $250M in series D investment

Themis Solutions Inc., also known as Clio, secured $250 million in a series D funding round from private equity firms JMI Management Inc., or JMI Equity, and TCMI Inc., or TCV.

The Canadian company provides a cloud-based operating system for legal professionals to make legal services more accessible.

Raymond James was a buy-side financial adviser to TCV for the investment.