LegalZoom Readies for IPO After Raising $66M in New Capital
Updated: Do-it-yourself legal document service LegalZoom is readying for an initial public offering after raising $66 million from two venture capital firms.
LegalZoom raised the money from Kleiner Perkins and Institutional Venture Partners, Tech Crunch reports. The latest capital infusion brings total funding for LegalZoom to $100 million.
LegalZoom CEO John Suh told Tech Crunch an IPO is on the horizon but there is no rush to go public.
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Story updated on July 26 to state that LegalZoom CEO John Suh says an IPO is on the horizon, to accord with revised TechCrunch story.