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LegalZoom Sells $200M In Majority Stake To Permira

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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>>.

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Permira Completes $200M LegalZoom Buy

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Permira said Friday afternoon that it successfully completed its acquisition of more than $200M of the outstanding equity of LegalZoom, giving it a majority stake of the legal document and services company. Permira said it is now LegalZoom''s largest shareholder, and will apoint a majority of the company''s board. READ MORE>>.

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LegalZoom Sues RocketLawyer

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Glendale-based LegalZoom , the online service which provides legal documents to consumers and small businesses, said late Tuesday that it has filed a lawsuit against competitor RocketLawyer. LegalZoom said that the suit alleges false and misleading advertising by RocketLawyer, trademark infringement, and unfair competition.

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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. LegalZoom said it now has more than 500 employees and has served more than 1 million customers. LegalZoom operates an online service which allows users to purchase legal documents.

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LegalZoom Launches New Attorney Service

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Glendale-based LegalZoom.com , the online provider of legal documents, has launched a new service this morning, saying it will start providing one-on-one consultations with licensed attorneys through its site. LegalZoom said the new service comes "without shocking bills or expensive hourly fees." READ MORE>>.

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MyTime Snags Funding For Appointment Service

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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.

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LegalZoom Targeted In Legal Software Ban In Missouri

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Los Angeles-based LegalZoom , the online legal document provider, is the target of a class action lawsuit in Missouri, which is looking to block the ability of the firm to provide wills, leases, and other documents.

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