Tech Company Financing Transactions
JanRain Funding Round
JanRain, based in Portland, raised $3.3 million in investment from Anthem Venture Partners, DFJ Frontier and RPM Ventures.
Transaction Overview
Company Name
Announced On
12/7/2009
Transaction Type
Venture Equity
Amount
$3,250,000
Round
Series A
Proceeds Purpose
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.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
1233 NW 12th Ave. 150
Portland, OR 97209
USA
Portland, OR 97209
USA
Phone
Website
Email Address
Overview
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.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 12/7/2009: Kaazing venture capital transaction
Next: 12/7/2009: Svelte Medical Systems venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here come from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs