JanRain, a Provider of Online Identity and Customer Engagement Solutions, raises $3.25M

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
FUND RAISING 
Database Reference:  F231109-270
 
Business:  JanRain
Web:  http://www.janrain.com
Location:  USA, Portland, OR
Region:  North America
Business description:  Provider of online identity technology and customer engagement services
Category: Online Technology
Contact 1:  Brian Kissel, CEO
Contact 2:  Michael Graves, CTO
Contact 3:  Larry Drebes, VP of Engineering and Founder
 
Investors:  The financing was led by DFJ Frontier with participation from RPM Ventures and Anthem Venture Partners.
  
Round:  Round A
Amount raised:  $3,250,000
Participants:  3
 
Details:  JanRain has closed a $3.25 million Series A round of venture capital financing. In connection with the financing, David Cremin, a managing director of DFJ Frontier, Tony Grover, a managing director of RPM Ventures, and Samit Varma, a partner at Anthem Venture Partners, will join JanRain’s board of directors. The funds will be used to expand the company’s product offerings for website operators and platform partners as well as to grow the company’s sales and marketing efforts.

Link:  Press Release

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