Amid rising scrutiny paid to corporate data governance, including legal discovery where the risks and costs are high, Logikcull today announced the appointment of prominent technology executive William “Bill” Welch to its Board of Directors as an independent member. Welch, a former senior executive at Zscaler, Duo Security, Symantec, HP, and Oracle, is a seasoned leader known for rapidly scaling global technology companies.
The addition punctuates a year that has seen it double its customers as corporate legal departments look for secure and easy-to-use solutions to bring legal discovery in-house. For companies engaged in disputes and investigations, the discovery process has traditionally been characterized by reliance on high-priced outside vendors and law firms—and serious data security risks arising from technical complexity and human error. Logikcull’s user-friendly software gives legal, compliance and HR professionals more control of their sensitive data, faster insight into its relevance to legal disputes, such as internal investigations, and eases collaboration with outside law firms and service providers.
“Logikcull is very deliberate in building a solution that their customers have requested,” Welch said. “They have listened to the signal in the market and deliver a solution that is easy to use, scalable, and has a very quick return on investment.”
“After spending time with Logikcull’s leadership team and the leaders of its board, it became obvious to me they had something special that the market needed,” Welch continued.
Welch has 25 years of experience leading large and fast-growing technology companies. In June of 2018, he joined Duo Security as COO where, weeks later, Duo entered an agreement to be acquired by Cisco for $2.35 billion. Previously, he served as COO of Zscaler, the cloud security company, which became one of the year’s top IPOs for 2018.
“We are incredibly excited for Bill to join our Board of Directors as we strive to build products that solve increasingly risky, costly problems for corporate legal departments and law firms,” said Logikcull CEO Andy Wilson. “He’s a tremendous talent who will be instrumental in helping us deliver solutions that address the pain professionals in this space experience daily.”
The announcement comes after Logikcull raised $25 million from top venture capital firm NEA in January. Earlier this month, G2Crowd, the leading software review website for business professionals, ranked Logikcull as the top performer in its first ever Momentum Report for eDiscovery software -- validation of Logikcull’s quick ascension to leadership within the 11-billion dollar industry that is being rapidly disrupted by user-friendly, cloud-based software.
“I expect Logikcull to continue to move into being a market maker and thought leader in this industry,” Welch said. “I expect there to be opportunities to reinvent the space based on Logikcull’s innovation and posture.”
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