JanRain Closes $3.25M Venture Capital Financing

JanRain, Inc., a Portland, Ore.-based provider of online identity technology and customer engagement services, has closed a $3.25m Series A round of venture capital financing.
The round was led by DFJ Frontier, with participation from RPM Ventures and Anthem Venture Partners.
JanRain’s flagship product, RPX, is an enterprise-class software as a service (SaaS) solution that enables websites to register and login users with a third party account, import their profile information and address books, and push activity stream data back to the social networks. The funds will be used to expand the company’s offerings for website operators and platform partners as well as to grow the company’s sales and marketing efforts.
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. 

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