nQ Zebraworks raised $4.5M in a Series B funding round led by Reckon Limited to advance its cloud-based billing solutions for law firms.

Dec 23, 2024•8 months ago

Amount Raised

$4.5 Million

Round Type

series b

TempeProfessional Services

Investors

Reckon Limited

Description

nQ Zebraworks closed a $4.5 million Series B funding round, bringing its total investment to $13.5 million. The funding will be used to enhance the company's services and drive growth of its cloud-based platform.

Company Information

Company

nQueue Zebraworks

Location

7890 S. HARDY DRIVE

Tempe, Arizona, United States

About

nQ Zebraworks provides software-based information workflow solutions to more than 35% of the largest 250 law firms in the United States, seven of the top 20 in the U.K., seven of the largest 35 in Australia and five of the top 10 globally. It provides scanning and routing, print management and cost recovery technology and cloud-based integration tools for the business and practice of law. nQueue was founded in 2003. It holds four patents for embedded applications in multifunction devices and its print management, cost-recovery and/or state-of-the-art scanning and routing technology is in 37 Am Law 100 firms. In 2020, it merged with Zebraworks to move the business and practice of law to the cloud.

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VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers