Combination will enable law firms, enterprises and service providers to reliably and efficiently identify and manage sensitive and privileged data in

Relativity Acquires Text IQ to Drive Leadership in AI for e-Discovery, Compliance and Privacy

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2021-05-27 18:00:06

Combination will enable law firms, enterprises and service providers to reliably and efficiently identify and manage sensitive and privileged data in an integrated intelligent suite

CHICAGO and NEW YORK , May 27, 2021 /PRNewswire/ -- Relativity, a global legal and compliance technology company, today announced that it has acquired Text IQ, a Top 100 AI company applying artificial intelligence (AI) to identify sensitive data.

Text IQ leverages the latest in unsupervised machine learning (ML), graphical modeling, social network analysis (SNA), natural language processing (NLP) and deep learning to create AI solutions for the world's largest enterprises to manage and mitigate risks in enterprise data. Text IQ's AI helps to lower the cost and risk of legal privilege review, speed up and increase the accuracy of data breach response workflows, and quickly identify and manage personally identifiable information (PII) which are often associated with Global Data Protection Regulation (GDPR) and Data Subject Access Requests.

The team at Text IQ is comprised of widely recognized, pioneering leaders in their field. They have long been focused on deep learning models that scale horizontally across massive data sets while improving in real-time—identifying people, relationships and sensitive data at scale with limited human input. Text IQ's technology is applied within legal, compliance and privacy departments in most major industries spanning the Global 2000, uncovering latent risk buried in unstructured data. Text IQ will continue to focus on selling to and servicing the industry and its customers and innovating its technology. It will work with the Relativity team to build a seamless integration between its products while also embedding some of its core capabilities to improve existing AI and ML functionality in RelativityOne and Relativity Trace—providing Relativity's 300,000 users with access to Text IQ's leading AI capabilities.