LifeLock Closes over $100M Equity Funding; Acquires LifeLock

LifeLock, Inc. a Tempe, AZ-based provider of consumer identity theft protection services, closed an over $100m equity funding.

Backers include existing investors Bessemer Venture Partners, Goldman, Sachs & Co., Kleiner Perkins Caufield & Byers, Symantec Corporation and River Street Management, as well as Industry Ventures, Institutional Venture Partners, Keating Capital, Inc. and Wasatch Advisors’ venture capital arm CrossCreek Capital.

LifeLock used the funds to complete the acquisition of ID Analytics, Inc., a provider of enterprise identity risk management solutions. Together, the two companies will provide both consumers and enterprises with solutions to manage their identity risk.
ID Analytics will continue to operate independently as a wholly owned subsidiary of LifeLock and will continue to operate under the leadership of its current CEO, Bruce Hansen, who will report to Todd Davis, Chairman and CEO of LifeLock.

Founded in 2005, the company provides the following solutions:
– LifeLock® identity theft protection, a proactive defense system that helps keep your personal information safe.
– LifeLock Ultimate™ protection, an advanced line of defense against identity theft.
– LifeLock Credit Score Manager™ suite, which provides specific safeguards for maintaining your credit score.



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