Business of Law
DIY Legal Website Rocket Lawyer Raises $29M in 6 Months
Posted Jan 5, 2012 2:53 PM CDT
By Rachel M. Zahorsky
Online legal company Rocket Lawyer has added $10.8 million in funding, just five months after it announced another $18.5 million in investments.
The three-year old startup allows users to create, store, share and e-sign legal documents, as well as to connect with attorneys. The latest $10.7 million investment came from Industry Ventures in a $10.8 million equity round, Venture Beat reports, which it adds to capital obtained through a Series D financing from August Capital, Google Ventures and Investor Growth Capital.
With the legal site's total funding at roughly $40 million, Rocket Lawyer is the fastest growing legal site and is used by more than 15 million people and several thousand businesses each year, according to the report.