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Glendale-based online legal documents provider LegalZoom has sold $200M in equity to private equity firm Permira Funds, in a secondary stock purchase deal, the companies said this morning. According to LegalZoom, the new funding will go towards its launch of new products and services. READ MORE>>.
One of the most anticipated IPOs of a Southern California technology firm, LegalZoom is expected to hit the markets Friday, with pricing expected Thursday evening. The firm--which recently set its expected IPO pricing range of $10 to $12 per share--is one of two IPOs expected this week by technology companies. READ MORE>>.
Glendale-based LegalZoom has appointed a new head of marketing, the company said this morning. LegalZoom said it has appointed Laura Goldberg as Chief Marketing Officer, to lead overall strategy and direction of the company, and lead the company''s marketing and product teams. legalzoom executive marketing' READ MORE>>.
Glendale-based LegalZoom , the online legal filing site which focuses on small businesses and families, has named David Yuan, a General Partner at Technology Crossover Ventures (TCV) to its board of directors. According to LegalZoom, the addition comes as part of an investment by TCV in LegalZoom. READ MORE>>.
MyTime , which operates an online service focused on online deals for appointment-focused businesses like chiropractors, personal trainers, housekeeping, and more, has raised a round of funding to expand its service beyond Los Angeles. GRP's Mark Suster said the round was worth $3M, with GRP putting up most of the funds.
The investment by Kleiner Perkins Caufield & Byers and Institutional Venture Partners into legal documents firm LegalZoom was worth $66M, according to a report today. LegalZoom, which is headed by Brian Lee, announced the investment from KPCB and IVP in April, but had not announced the amount of funding.
LegalZoom.com is also receiving $1M from the Texas Enterprise Fund to encourage the move. Tags: documents legal austin texas jobs employment legalzoom. The city said it has authorized its City Manager to pay the firm around $20,000 a year for the next 10 years to convince the firm to select the city for the new regional headquarters.
Glendale-based LegalZoom has partnered with the University of Southern California (USC), to fund a scholarship and a new lab, the company said this week.
Two, Southern California investors are part of a new funding round today for EAT Club , a startup which automatically delivers lunch to professionals' desks every day based on their preferences. EAT Club is based in the Bay Area, where it currently offers its services. READ MORE>>.
Glendale-based LegalZoom , which provides legal services and documents for the small business and family market, announced on Tuesday that it has sold a $500M secondary stake in the company to a set of private equity investors. The secondary stock sale reportedly values LegalZoom at more than $2 billion. READ MORE>>.
New York-based online subscription flower delivery service H.Bloom , whose backers include Los Angeles entrepreneur Brian Lee , who founded ShoeDazzle and LegalZoom, has scored another round of funding, the firm said Thursday.
Online, eco-family products company The Honest Company , started by celebrity Jessica Alba and Los Angeles e-commerce master Brian Lee, said late Friday that it has raised $27M in funding. The funding was led by General Catalyst, Lightspeed Venture Partners and Institutional Venture Partners (IVP). READ MORE>>.
Los Angeles-based ShoeDazzle.com , the online shoe buying club headed by Brian Lee, the founder of LegalZoom, has raised $40M in a new funding round. The funding was led by Andreessen-Horowitz, and also included the firm's prior investors. The new round brings ShoeDazzle's total funding to $60M. READ MORE>>.
The firm's business team includes Robert Shapiro and Brian Lee, who co-founded LegalZoom. ShoeDazzle has raised more than $20M in funding so far, from such investors as Lightspeed Venture Partners and Polaris Venture Partners. READ MORE>>.
A set of three, well known Los Angeles investors with military connections are funding a new startup, Troopswap.com , focused on providing daily deals to the military community. As part of the funding, Kelly Perdew joins the company's board of directors. READ MORE>>.
A few years later they announced $150 million in a funding round at $1 billion+ valuation and are ramping up jobs to secure their market-leading position. But I know with local funding and local support that’s certainly less likely. I often point out the story of when we raised our fourth fund a few years ago.
Jaanuu said the new funding will go towards expansion into new apparel categories and senior level staffing hires. Size of the investment was not announced.
The Honest Company , the Los Angeles-based e-commerce company founded by Brian Lee and celebrity Jessica Alba, has raised $25M more in a funding round, the firm said this morning. Thew new funding came from Institutional Venture Partners, and also included Iconiq Capital, Lightspeed Venture Partners, and General Catalyst Partners.
Lee also headed up LegalZoom, and also runs ShoeDazzle. Zulily is a fast growing, daily deals site based in Seattle specifically aimed at mothers, babies, and kids; the firm went from starting up in 2009 to over 600 employees in 2012, and was valued at over $1 billion in its latest funding round in November of last year.
Santa Monica-based Retention Science , the marketing software technology maker led by Jerry Jao, has snagged $7M in a Series A funding, according to the company. The new funding was led by Upfront Ventures, and also included. Baroda Ventures, Forerunner Ventures and Mohr Davidow Ventures. READ MORE>>.
That would be appear to be Gumhouse , which just raised $6M in a funding round, from such venture firms as Polaris Ventures, Science Inc. Gumhouse reported its funding via a regulatory filing, but has not yet detailed what the firm is up to otherwise. Gumhouse lists its Brian Lee (ShoeDazzle, LegalZoom), Mike Jones (Science Inc.),
The startup says it is backed by angels, including Kris Gutta, Rashesh Patel, Venkat Ketineni and Brian Liu, Chairman and Cofounder of LegalZoom. dubb marketplace mobile creative professionals market venture capital angel legalzoom' READ MORE>>.
Lawrence Ng , the co-founder of Oversee.net, said this morning that it has launched a new, startup fund called the OnRamp Fund , a $10M, international incubation fund that invests in early stage startups. The company said one of its first investments is bridal retailer SimplyBridal. READ MORE>>.
BAM Ventures , the venture capital investment firm founded by serial entrepreneur Brian Lee, is looking to raised $50M in a third venture capital fund, BAM Ventures III, L.P. Lee--best known for co-founding LegalZoom, as well as Shoedazzle--has been making investments from his own funds for a number of years. READ MORE>>.
Last week's $40M funding by Andreessen Horowitz of Los Angeles-based ShoeDazzle , the monthly fashion, shoe and pursue startup headed by LegalZoom founder Brian Lee, was driven by parallels to a 1920's startup--the Book of the Month Club.
Rubicon is venture backed by News Corporation, Clearstone Venture Partners, IDG Ventures Asia, Mayfield Fund, NBC Universal's Peacock Equity Fund and Jarl Mohn. Rubicon Project's Addante was formerly Chief Technology Officer and a founder of L90, and was co-founder of StrongMail systems. READ MORE>>.
The funding was led by Azure Capital Partners, and also included KEC Ventures, Quest Venture Partners, SG-VC, and Siemer Ventures. As part of the funding, Paul Ferris, General Partner at Azure Capital Partners, join''s the company''s board. The company lets users order flowers via iOS and Android apps, plus via the its website.
in a funding round, to go towards the startup's online dispute resolution services. According to the company, the funding came from Fika Ventures, Crosslink Capital and Greycroft. Los Angeles-based FairClaims has raised $1.8M
LegalZoom [ profile ] Business: Online legal documents. Backers: Elon Musk, Founders Fund. Why: Founder and major investor Greg Waldorf recently stepped down; rumored to have left to avoid shares lockup in the case of an IPO. Why: Rumored to be very profitable, waiting on market. SpaceX [ profile ]. Business: Commercial spaceflight.
In an interesting intersection of LA's world of technology, investing, and sports, Kobe Bryant , the LA Laker star, and technology startup veteran Jeff Stibel have teamed up to create a new, $100M venture capital fund, to invest in technology, media, and data companies. READ MORE>>.
in funding, and San Diego $198.18M in investments. Investments were slightly down from Q2 of 2010, when the region saw $856M in funding. The largest investments for the quarter in Southern California were for Fisker Automotive , which raised $115M in the quarter; and Cameron Health , which raised $107M in funding.
We have spoken with the firm in the past, and the company recently raised some new funding and went through some reorganization, including moving the firm to Irvine. We thought it would be worth hearing about where the firm is today, as well as Carey's strategy to create something similar to LegalZoom, but for attorneys. READ MORE>>.
is the new venture with Jessica Alba and Brian Lee of ShoeDazzle and LegalZoom. recently raised $27M in funding from General Catalyst, Lightspeed Venture Partners and Institutional Venture Partners (IVP). FamilyFinds is backed by Matt Coffin, founder of LowermyBills; Honest Co. READ MORE>>.
I am taking the lead from GRP and we also invested alongside a number of friends including Dave McClure, Dave Tisch, Ben Smith (Merchant Circle), Brian Lee (ShoeDazzle, LegalZoom), Jason Calacanis, Evan Rifkin, Jennifer Lum, Jay Weintraub and a whole host of other angels. So I asked Ethan to build his product first and then we would fund.
in a funding round, to expand the company's locations and markets. The funding was led by Fuel Capital and also included Mars PetCare, Muse Capital, Animal Capital, Gaingels, The Helm and CEO dog care startup, Wag. Los Angeles-based dog care startup Dogdrop has raised $2.9M Dogdrop launched out of the Science Inc.
I’ve heard it many founders of VC backed companies in LA who tell me that in their NorCal VC meetings they are told, “we might be interested but we’d want you to relocate to the Bay Area if we funded you.&#. Funding is different outside of Silicon Valley. As a result many funds are OK with big bets.
in a funding round, according to a regulatory filing. The funding came from Index Ventures, Lightspeed Venture Partners, and others. and tech veteran Brian Lee (LegalZoom, Honest Co., Santa Monica-based Hollar , a startup which offers up a wide range of low cost, bargain priced gifts, has raised $17.5M
The funding came from private equity investor Franciso Partners. City of Industry-based NZXT, a maker of custom, gaming PCs, has raised $100M in a strategic investment, the company said this week. NZXT's custom gaming PCs start at $799, but can be customized and can cost more than $3800.
My suggestion is to get some of the angel groups – notorious for slow decision-making and hat passing – and pool their money into a small fund structure of say $5-10 million. Actually, there is tons of wealth in San Diego but it isn’t organized well to support them. The key it to have “realistic capital.”
Lee , who has been behind such companies as LegalZoom, H. Los Angeles-based angel investor Brian S. Bloom, and The Honest Company, is one of the angel investors in a new outdoor gear and apparel startup, Cotopaxi. Cotopaxi said today that it has raised $6.5M
If your business is managing contracts and patents, it makes sense, but the CLO for most startups is LegalZoom on the Internet. c-level entrepreneur funding startup titles' Also known as General Counsel, this position is an expensive one to fill and maintain. Chief Security Officer. Marty Zwilling.
It occurred to us that a startup company with limited funding is not going to pay $5000 upfront, and that we would have loved to know the prices up front and not have to go through the same eight conversations eight times. It sounds like you have some angel funding? We haven''t gone to institutional funding yet.
Shoedazzle and LegalZoom; and Patel, whose deep background in enterprise software comes from years spent as a co-founder and executive of Isilon Systems and later at EMC, are “longtime friends of the firm” according to an interview with both Sequeira and Vassallo. million round.
If Legalzoom goes public and Shoedazzle continues on its impressive trajectory, Brian Lee certainly deserves a nod. Also, I'm excited to see very talented entrepreneur Kevin O'Connor (founder/CEO of Doubleclick) back in the saddle with FindTheBest.com (with funding from Kleiner Perkins). It's been really gratifying. There are lots.
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