Evisort, a document and contract management company, left one of its document databases unsecured, exposing customer data.
The startup, founded by former Harvard and MIT students in 2016, bills itself as an artificial intelligence contract management company, which it says helps to better organize its customers’ legal documents and contracts. Among its claims, the company can evaluate and pull out the most relevant information in a 30-page contract in a matter of seconds. And so far, the investors like the pitch, securing $4.5 million in seed funding led by Village Global and Amity Ventures, with participations from Accenture and SAP.
