August Capital, Google Ventures Put $18.5M In Online Legal Service Rocket Lawyer

More big money for online legal services. After LegalZoom raised $66 million from Kleiner Perkins And IVP, competitor Rocket Lawyer is also announcing a new round of funding. The startup has raised $18.5 million in funding led by August Capital with Google Ventures and Investor Growth Capital(IGC) participating in the round. This brings Rocket Lawyer's total funding to $30 million. Founded by lawyer Charles Moore, Rocket Lawyer not only provides legal documents to consumers and small businesses but also helps users that create customized legal documents that can be electronically signed online and shared instantly or downloaded for printing. Moore says that each month, more than 20,000 Last Wills?and 40,000 Business Contracts?are created. Rocket Lawyer offers these documents for free.

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