Welcome!

News Feed Item

Scribestar Limited: Significant Appointments Following Oversubscribed Fundraising

Scribestar Limited (“Scribestar” or “the Company”), a provider of cloud-based editing and review applications for legal documents entailing multiple reviewers, initially aimed at lawyers working with capital markets transactions, has recently concluded a successful financing round totalling £2.85m ($4.8m) raised from private investors. The fund raise was oversubscribed. A total of £7m ($11.8m) has been raised by the Company since 2010. The product will be commercially launched in the summer of 2014.

The Company is also pleased to announce two significant appointments which strengthen the Company in advance of a commercial launch. The Company has appointed Andrew Prozes as Executive Chairman and to its Board of Directors. Andrew was Chief Executive Officer of LexisNexis Group from 2000 until December 2010, and served on the board of Reed Elsevier for 11 years. He serves on the Board of Directors of TransUnion, Cott Corporation, Interactive Data Corporation, ACAMS, and other companies and not-for-profit organizations.

As Executive Chairman, Andrew will be integral to Scribestar’s development and growth strategy,” said Rob Westmacott, Chief Executive Officer. “His expertise in growing global professional information and technology businesses serving the legal industry fits perfectly with Scribestar’s products and target markets. Andrew’s decision to join our board, and to invest in the Company, is testament to the significant opportunity that Scribestar has to serve legal markets in the UK, US and globally.”

The Company also announces the appointment of Greg Lunn as Chief Operations Officer and a Director effective April 1st 2014. Greg was previously general counsel and Company Secretary of Lancashire Holdings Limited (LSE ticker: LRE). “Greg has many years’ experience in editing and compiling complex legal documents including capital markets transactions and knows at first-hand how inefficient and costly this process currently is. He is a significant addition to our executive team and will help us to define the product development roadmap so that it synchronises more with the needs of our customers. Greg’s attention to detail and experience in successful execution will be of paramount importance to Scribestar,” said Mr Westmacott.

The Company’s Board now consists of the following eight executive and non-executive members, who together bring to Scribestar many years of experience in the successful launching and running of international businesses:

Name   Position   Brief history
Darryl Green Non-Executive Director A trained lawyer, a co-founder and the Chief Governance Officer of Ethoca, a business headquartered in Canada focused on delivering a secure network for card issuers and online merchants internationally
David Krucik Non-Executive Director The Managing Partner of the UK office of OC&C, a global strategy business
Greg Lunn Chief Operating Officer Formerly General Counsel and Company Secretary of Lancashire Holdings Limited, a publicly traded insurance and reinsurance Group listed on the London Stock Exchange
Tim Macready Non-Executive Director The Chief Executive Officer of Skillcapital, a global executive recruitment firm
Andrew Prozes Executive Chairman Former Chief Executive Officer of LexisNexis Group and past member of the Board of Directors of Reed Elsevier, now actively involved in private equity
Adam Shaw Interim Chief Financial Officer A trained accountant and Partner at Mansfield Partners in London, with experience working on many international and UK acquisitions, sales processes and business funding programmes
Mason Slaine Non-Executive Director The Executive Chairman of Interactive Data Corporation, a company which provides financial market data. Active in private equity
Robert Westmacott Chief Executive Officer Over 20 years’ experience providing legal and banking support services to capital markets transactions via Merrill Corporation, RR Donnelly and formerly Bowne

For more information please visit the Company’s website at www.scribestar.com.

About Scribestar - Scribestar was founded in London in 2009, and is a SaaS provider of editing and review application tools for lawyers focusing on secure collaboration. Initially Scribestar is targeting the Capital Markets sector and will provide automated solutions for a variety of transaction types including class 1 circulars, and prospectuses aimed at Equity and Debt financings. The Company has had a long standing development partnership with three top rated law firms, and is now working with a further fifteen “big law” firms on the commercial product. A launch of the application is planned for the summer of 2014. Scribestar will serve law firms, as well as investment banks and corporate counsel and has developed, in concert with the aforementioned law firms, special features that optimize the prospectus drafting and filing process for all capital market transactions.

© 2014 Scribestar. All other brand names are trademarks of their respective companies.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Cloud Expo, Inc. has announced today that Andi Mann returns to 'DevOps at Cloud Expo 2017' as Conference Chair The @DevOpsSummit at Cloud Expo will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great t...
Rapid innovation, changing business landscapes, and new IT demands force businesses to make changes quickly. In the eyes of many, containers are at the brink of becoming a pervasive technology in enterprise IT to accelerate application delivery. In this presentation, attendees learned about the: The transformation of IT to a DevOps, microservices, and container-based architecture What are containers and how DevOps practices can operate in a container-based environment A demonstration of how ...
"At ROHA we develop an app called Catcha. It was developed after we spent a year meeting with, talking to, interacting with senior citizens watching them use their smartphones and talking to them about how they use their smartphones so we could get to know their smartphone behavior," explained Dave Woods, Chief Innovation Officer at ROHA, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lead...
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Phil Hombledal, Solution Architect at CollabNet, discussed how customers are able to achieve a level of transparency that e...
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
"Venafi has a platform that allows you to manage, centralize and automate the complete life cycle of keys and certificates within the organization," explained Gina Osmond, Sr. Field Marketing Manager at Venafi, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Get deep visibility into the performance of your databases and expert advice for performance optimization and tuning. You can't get application performance without database performance. Give everyone on the team a comprehensive view of how every aspect of the system affects performance across SQL database operations, host server and OS, virtualization resources and storage I/O. Quickly find bottlenecks and troubleshoot complex problems.
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Application transformation and DevOps practices are two sides of the same coin. Enterprises that want to capture value faster, need to deliver value faster – time value of money principle. To do that enterprises need to build cloud-native apps as microservices by empowering teams to build, ship, and run in production. In his session at @DevOpsSummit at 19th Cloud Expo, Neil Gehani, senior product manager at HPE, discussed what every business should plan for how to structure their teams to delive...
"We analyze the video streaming experience. We are gathering the user behavior in real time from the user devices and we analyze how users experience the video streaming," explained Eric Kim, Founder and CEO at Streamlyzer, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry’s single source for the cloud. Fusion’s advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including clou...
"MathFreeOn.com is a line coding platform for engineers and scientists. When they want to solve an engineering problem and they have to use software - they have to pay a lot of money for licenses - but with MathFreeOn you don't have to pay a lot of money. Just go to our site and write the code and you can check the result right away," explained Simon Lee, CMO of MathFreeOn, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Cla...