DOJ picks ROC for digital evidence platform in deal worth up to $64.3M

The U.S. Department of Justice selected ROC Evidence for its Digital Evidence Review Platform, adding facial recognition and video analytics to federal criminal investigations. The contract can run up to eight years and is worth up to $64.3 million, with a $7 million base guarantee for the first year.

• DOJ contract could bring ROC up to $64.3M over eight years
• First-year base guarantee is $7M, followed by seven one-year options
• DERP ingests e-discovery data from phones and social media
• ROC stock jumped 25% to $4.30 on Nasdaq