Janrain plans to announce $15.5 million in new venture capital today, making it one of the biggest venture rounds for an Oregon software company in many years.
Social networking is the hottest investment property going, and Janrain is the latest beneficiary of that fervor. The company Janrain plans to announce $15.5 million in new venture capital today, making it one of the biggest venture rounds for an Oregon software company in many years.
Janrain partners with all the big social networks so their members can take their online identities to sites across the Internet. Those identities also bring with them a wealth of personal data, which Janrain analyzes so its clients can tailor their websites and marketing to each visitor.
“We’re an enabler for them to get further on the Internet and do more with their customers,” said Larry Drebes, who started the company six years ago.
Read more in today’s Oregonian.
