TrustE Garners $12,000,000 Series B Financing

  • Feed Type
  • Date
    6/8/2010
  • Company Name
    TrustE
  • Mailing Address
    55 2nd Street 2nd Floor San Francisco, CA 94105
  • Company Description
    TRUSTe’s® services support online business growth by allowing companies to communicate their commitment to privacy, and letting consumers know which businesses they can trust.
  • Website
    http://www.truste.org
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    TRUSTe will put the new funding toward enhancing sales and marketing in order to expand its existing enterprise foothold, while capitalizing on the booming small business market and new certification initiatives in social networking, mobile and advertising.
  • M&A Terms
  • Venture Investor
    Jafco Ventures America Inc
  • Venture Investor
    Accel Partners
  • Venture Investor
    DAG Ventures
  • Venture Investor
    Baseline Ventures

By posting a comment, you agree to our terms and conditions.