JanRain Garners $3,250,000 Series A Funding Round

  • Feed Type
  • Date
    12/7/2009
  • Company Name
    JanRain
  • Mailing Address
    5331 SW Macadam Ave Portland, OR 97239
  • 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
    $3,250,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The money should help JanRain expand its efforts in online identity technologies, and will allow it to make new hires in sales, marketing, engineering, and customer support.
  • M&A Terms
  • Venture Investor
    DFJ Frontier
  • Venture Investor
    RPM Ventures
  • Venture Investor
    Anthem Venture Partners

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