Introduce the companyMalbekMalbek, which helps companies' legal, sales, and finance teams manage and analyze their contracts, announced in September that it raised $15.3 million for its Series A.
SoftBank recently led the $115 million Series C for ContractPodAi, another CLM company.
"'Enterprise' and 'lifecycle' are the two key words with which we differentiate ourselves," Malbek's CEO and co-founder, Hemanth Puttaswamy, told Insider.
"Our solution is deployed not just to legal teams, but also sales, procurement, finance, HR, marketing… pretty much across the entire enterprise."
The Series A was led by Atlanta-based Noro-Moseley Partners, which invests in early-growth tech and healthcare companies .
SoftBank, Hemanth Puttaswamy, Malbek, they're
ContractPodAi, Moseley Partners, TDF Ventures, Osage Venture Partners