Online legal services platform Rocket Lawyer has raised another $15 million in new funding, we?ve confirmed with the company. We?re told that the funding was raised from a ?strategic investor,? who is not being named at this time. Rocket Lawyer previously raised $40 million in capital from August Capital, Google Ventures and Investor Growth Capital (IGC).
For background, Rocket Lawyer provides legal documents to consumers and small businesses, and allows consumers to find and reach lawyers as well. Earlier this year, Founder Charley Moore told us that the company is growing revenue by $20 million each year.
Last year, rival LegalZoom sued the company over false and misleading advertising, trademark infringement and unfair competition. Rocket Lawyer has since counter sued LegalZoom (and we?re told some of the charges have been dropped).
Rocket Lawyer is looking to expand beyond just offering documents?the company just bought legal Q&A site LawPivot. While its unclear what the new funding will be used for, it should be interesting to see if Rocket Lawyer makes any new acquisitions in the near future.
Source: http://techcrunch.com/2013/05/13/online-legal-services-platform-rocket-lawyer-raises-15-million/
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