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LegalZoom Sells $500M Secondary Stake To Private Equity Investors

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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>>.

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LegalZoom Adds Kleiner, IVP As Investors

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Glendale-based LegalZoom said last week that it has added Institutional Venture Partners and Kleiner Perkins Caufield & Byers as investors in the firm. No details on the investment were disclosed. LegalZoom said it now has more than 500 employees and has served more than 1 million customers. READ MORE>>.

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