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Wednesday, Dec 6, 2023

LegalZoom Investor Adds Member to Board

Online legal services company LegalZoom.com Inc. has added a new member to its board as part of an investment from a Silicon Valley firm. The amount the Glendale company received from Technology Crossover Ventures in Palo Alto was not disclosed. In addition to receiving money, David Yuan, a general partner at the investment firm, has joined the LegalZoom board of directors. LegalZoom Chief Executive John Suh called Yuan a strategic thinker with a deep understanding of small and medium-sized business subscription models. “LegalZoom is empowering millions of small businesses and consumers with delightful products, experiences and services,” Yuan said in a statement. “We believe LegalZoom is the category leader and building an important and highly valuable technology franchise.” In July, LegalZoom received $500 million in funding from a group of four investors, including Francisco Partners in Menlo Park and GPI Capital in New York.

Mark Madler
Mark Madler
Mark R. Madler covers aviation & aerospace, manufacturing, technology, automotive & transportation, media & entertainment and the Antelope Valley. He joined the company in February 2006. Madler previously worked as a reporter for the Burbank Leader. Before that, he was a reporter for the City News Bureau of Chicago and several daily newspapers in the suburban Chicago area. He has a bachelor’s of science degree in journalism from the University of Illinois, Urbana-Champaign.

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