TrustE Garners $12,000,000 Series B Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=03becbde-114f-41be-b3cb-683152874312&Preview=1 -
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
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Venture Investor
Jafco Ventures America Inc -
Venture Investor
Accel Partners -
Venture Investor
DAG Ventures -
Venture Investor
Baseline Ventures
