Wednesday, September 19, 2012

LifeLock Sets Estimated IPO Range

Tempe, Arizona-based LifeLock, the venture backed provider of identity theft protection services, has set the estimated IPO pricing range for its initial public offering. The firm said it will offer its IPO at between $9.50 and $11.50 per share, and will sell 15,500,000 shares of its common stock. The IPO will raise up to $207M for the firm. LifeLock has applied to list as LOCK on the New York Stock Exchange. LifeLock is venture backed by Bessemer Venture Partners, Kleiner Perkins Caufield & Byers, Goldman Sachs & Co., Symantec, and Industry Ventures.