JanRain Receives $15,500,000 New Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cbdc8d84-ddce-46dd-8433-48485f950fb6&Preview=1 - Date
8/3/2011 - Company Name
JanRain - Mailing Address
519 SW 3rd Ave Portland, OR 97204 - Company Description
JanRain has been a recognized leader and catalyst driving the OpenID market forward since 2005. While providing OpenID solutions for both consumers and businesses, our company has helped create the OpenID Foundation and the majority of the OpenID-enabled websites are running our open source libraries and utilities. JanRain is the only OpenID technology platform provider with multiple deployment options to meet the needs from small businesses to large enterprises. - Website
http://www.janrain.com - Transaction Type
Venture Equity - Transaction Amount
$15,500,000 - Transaction Round
Undisclosed - Proceeds Purposes
The investment will be used to add resources and employees across all existing functional teams and further support the accelerated growth the company is experiencing. - M&A Terms
- Venture Investor
Emergence Capital Partners - Venture Investor
Anthem Venture Partners - Venture Investor
RPM Ventures - Venture Investor
DFJ Frontier - Venture Investor
Square 1 Bank
