Jan 20 (Reuters) - Artificial intelligence startup ‌Ivo raised $55 million in a funding round, led by existing investor ‌Blackbird, to speed up development of its legal services platform and ‌hire more salespeople to tap growing demand.

The Series B round, announced on Tuesday, valued the company at around $355 million, according to a source familiar with the matter. It was joined by new ‍investors Costanoa Ventures, Uncork Capital, Fika Ventures, GD1 ‍and Icehouse Ventures.