Onit fetches $8.25 mln

Onit Inc, a provider of enterprise legal management solutions, has raised $8.25 million in funding. Level Equity Management LLC led the round with participation from other backers that included Austin Ventures and The Texas Halo Fund. In addition to the funding, Sarah Sommer, a founder and partner at Level Equity, has been added to Onit’s board of directors.

Source: Press Release