London, UK, April 15, 2020 – Lineal Services, the London based data services organization, announced today that Damon Goduto has joined the company as an investor and partner.
Goduto, who has worked in the legal technology sector for over 20 years, has led three legal tech organizations to acquisition in the past ten years. He co-founded Iris Data Services in 2007 and as Vice President of Sales and Marketing led the company to multiple placements on the Inc. 500 List of America’s Fastest Growing Companies. Iris Data Services was acquired by Epiq Systems in 2015 for $134m, where Goduto served as Co-Global Head of Sales and ran all international sales efforts as well as global managed services sales.
Goduto then invested in and ran the sales and marketing efforts for 2016 ILTA Innovative Solution Provider Award winner, ThreadKM. ThreadKM was acquired by NetDocuments in 2017.
For the past two years, Goduto has been leading the sales efforts at cutting-edge AI provider, NexLP, as a Senior Vice President. Goduto, intrigued by the AI model-building capabilities of the application and the potential impact on the tech services business, will be bringing NexLP to Lineal.
“Damon has been instrumental in leading the charge to showcase the impact AI-driven solutions can have at an enterprise level. He has a tremendous track record advocating innovative technologies within legal. Lineal and their clients will greatly benefit from the new leadership team’s knowledge at effectively scaling services with the power of breakthrough AI software,” said NexLP CEO Jay Leib.
When asked about his plan at Lineal, Goduto said,
“I’m fortunate to have spent the last four years in the software development space and to be a part of amazing breakthroughs which can be leveraged by nimble services providers in many areas. Ultimately, we plan on delivering faster, more scalable solutions to drive incredible efficiencies in the tech services vertical.”
Kent Teague, Chairman and CEO at Lineal, states,
“Adding a proven talent like Damon gives Lineal a competitive advantage in designing our service offering. His experience in legal tech and document management is fantastic. And his knowledge of the customer combined with his extensive relationships provide insights no other organization can match. I first began working with Damon in 2004 and can’t wait to build something great with him again.”
Goduto reunites with his former Iris Data Services executive team member, and former ThreadKM exec, TJ Collins, President of Lineal, saying this was a driving factor in making the decision; “TJ Collins is the best process-driven operations leader in our space and I’ve seen him create efficient workflows at multiple companies. Working with TJ ensures Lineal will have the highest level of operational excellence. Whether discovery/disclosure morphs into privacy and compliance or cyber defence, or data sources shift from email to chat to mobile to whatever is next, you need to properly leverage technology and have world-class processes to solve challenges. That is where our team will shine.”
“Working with Damon again is exciting. We work well together and in today’s climate of fast-changing tech solutions we’ll be focused on vetting, integrating and delivering the best of breed technology to solve whatever client needs arise,” Collins said.
About Lineal – Lineal Services (www.linealservices.com), is a data services organization leveraging AI and process-driven workflows to solve discovery, privacy, compliance, DSAR, conversion, and cyber issues for law firms and corporations. Headquartered in London, the company has been delivering successful outcomes & document management solutions since 2009.
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