Wednesday, January 23, 2008

LifeLock Raises $25M

Tempe, Arizona-based LifeLock annnounced Wednesday that it has raised $25M in a Series C funding round, led by Goldman Sachs. Prior investors Kleiner Perkins Caufield & Byers and Bessemer Venture Partners also participated. LifeLock, which operates a service for preventing identity theft, said the funding will go to further support the company's growth. LifeLock automatically renews fraud alerts with major credit bureaus, along with other services to reduce the possibility of identity theft. More information »