eDiscovery is not ripe for disruption. That ship has sailed.
eDiscovery has largely been solved for most corporate environments. There are tools to collect data in a defensible manner, to "process" (i.e., index) it, and to review it. There are even some products that aggregate these functions together, however, it must be well-noted that each of these functions has a different user/customer and occurs at a different timeframe in the discovery process.
Many of the dominant tools do have their warts. But the money that was once in this space--the eDiscovery collection product I wrote sold for a couple million to its first customer--is no longer there. Prices have dropped dramatically and its now a commoditized market. So you'd have to work very hard for very little gain to displace any of the dominant players.
Note that TFA was written by investors in a new eDiscovery startup and TFA seems mostly like latent marketing for them. I don't know anything about them--good luck and all that--but I'm very familiar with the space and I don't envy them.
eDiscovery has largely been solved for most corporate environments. There are tools to collect data in a defensible manner, to "process" (i.e., index) it, and to review it. There are even some products that aggregate these functions together, however, it must be well-noted that each of these functions has a different user/customer and occurs at a different timeframe in the discovery process.
Many of the dominant tools do have their warts. But the money that was once in this space--the eDiscovery collection product I wrote sold for a couple million to its first customer--is no longer there. Prices have dropped dramatically and its now a commoditized market. So you'd have to work very hard for very little gain to displace any of the dominant players.
Note that TFA was written by investors in a new eDiscovery startup and TFA seems mostly like latent marketing for them. I don't know anything about them--good luck and all that--but I'm very familiar with the space and I don't envy them.