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LegalZoom Finds Funding From TCV, Adds New Board Member

socalTECH

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>>.

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LegalZoom Valued at $2 Billion Following Investment

L.A. Business Journal

Glendale online legal technology company LegalZoom.com Inc. With this investment, LegalZoom’s estimated value totals roughly $2 billion. announced June 30 it completed a $500 million financing round from four total investors, its second since the firm’s founding in 2001.

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LegalZoom Adds Kleiner, IVP As Investors

socalTECH

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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Kobe Bryant, Jeff Stibel Team On New $100M Venture Capital Fund In LA

socalTECH

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>>.

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As Groupon Files For IPO, What SoCal Firms Might Be Next?

socalTECH

Interest in technology IPOs appears to have hit a new high Thursday, as daily deals firm Groupon filed for an IPO, saying that it is looking to raised up to $750M in an IPO. Backers: Fayez Sarofim & Co, Sequoia Capital, and Technology Crossover Ventures. LegalZoom [ profile ] Business: Online legal documents.

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Interview with Bryan Burkhart, H.Bloom

socalTECH

Los Angeles has always been a major market for launching products, and in the era of e-commerce has become highly attractive for its large consumer population, a technology-savvy population, and affinity for new products and services. Finally, my background, and the background of my co-founder is software. We''re excited to service them here.

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SoCal Gets $739M In Venture Capital In Q2

socalTECH

in funding, and San Diego $198.18M in investments. Quarter to quarter, investments were up from Q1, when $585M was invested in the region. Investments were slightly down from Q2 of 2010, when the region saw $856M in funding. Nationally, venture capitalists invested $7.5M billion invested across 814 deals.