Findlaw.com (Mountain View, CA), which claims to be the Internet's most heavily trafficked legal site with 15 million hits a month, has secured $10 million in capital from CMGI Inc. (Menlo Park, CA). Findlaw said the money will be used to expand the content of 400,000 pages of data and 40,000 links it currently offers. The site provides information, articles and case law in a variety of fields, including constitutional law, family law, sports law, litigation, and intellectual property law. The company said the money will also be used to help prepare for an IPO in 2000. Findlaw claims profitability since 1997 and draws revenue from advertising, sponsorships, legal course fees and related e-commerce.
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|Date:||Sep 30, 1999|
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