Intapp hits up Temasek for funding
Posted on 13 April, 2017 by Chris Winters, reporter
The software developer for law firms and professional service firms plans to fund its expansion and broaden its offerings.
Temasek, the state-owned investment firm of Singapore, invested an undisclosed amount in US-based legal software developer Intapp yesterday. Private equity firm Great Hill Partners, which invested an undisclosed amount in the company in 2012, has joined Temasek in this round.
Founded in 2000, Intapp has developed software for law firms and other professional services firms, with products including time-recording software for accurate billing, automated client information confidentiality applications and automation software for complicated legal and professional processes.
Intapp plans to use the capital to fund its expansion, both organically and through acquisitions, expand and improve its existing software and develop new applications for the legal and professional services sectors.
John Hall, chief executive of Intapp, said: “The investment and support from Temasek will enable us to accelerate our efforts to deliver market-leading innovation to law firms and professional services organisations.
“This investment supports our goal of helping firms, facing unprecedented challenges and opportunities, better compete in the marketplace by further enhancing their focus on client success.”
See more from this Government Report: Singapore
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