Wednesday, December 17, 2008

LifeLock In Deal With TransUnion

Credit theft prevention firm LifeLock reported today that it has signed an agreement with the TransUnion credit bureau that will enable LifeLock to improve its identity theft prevention offerings. According to LifeLock, TransUnion's secure, automated credit-reporting system will streamline the processes in which LifeLock posts fraud alerts and establishes opt outs on behalf of its subscribers. Headquartered in Tempe, Ariz., LifeLock is a privately held company backed by Goldman Sachs, Bessemer Venture Partners and Kleiner Perkins Caufield and Byers. Established in 1968, TransUnion is centered in Chicago and employs more than 3,600 people worldwide.