Janrain
 |
|
| Private | |
| Founder | Larry Drebes |
| Headquarters | 519 Southwest Third Avenue, Suite 200, Portland, Oregon, United States |
| Revenue | $14.3 million (2014) |
|
Number of employees
|
120 (2015) |
| Website | janrain |
Janrain, sometimes styled as JanRain, is a customer profile and identity management software provider based in Portland, Oregon. It was established in 2002.
Janrain was founded in Portland in 2002 by Larry Drebes, who as of 2016[update] is the company's chief technology officer (CTO), and former chief executive officer (CEO). The firm's name "references a wet January in Portland", and has been described as a "leading provider of customer profile and identity management". According to Forbes, Drebes recognized the value of social media in 2004 and predicted the need for users to manage their online identities. He helped create the OpenID protocol, which has been called a "decentralized authentication method for the new Web". Janrain was a founding member of the OpenID Foundation and has advocated for OpenID. As a privately held company, Janrain has grown steadily since its inception.
In December 2009, Janrain raised US$3.25 million from American venture capital firms DFJ Frontier, RPM Ventures, and Anthem Venture Partners. According to TechCrunch, the firms invested in Janrain's ability to "effectively mass market and sell authentication systems to website publishers based on OpenID and other online identity technologies".The Oregonian and VentureBeat have reported that Janrain had 60 employees by mid-2011. In August 2011, the company announced a $15.5 million funding round led by Emergence Capital Partners, which was used for hiring staff and marketing. Emergence founder Brian Jacobs joined Janrain's board of directors. That month, the company had funding totaling $18.7 million from the four venture capital firms, as well as from Timothy C. Draper, and Drebes. Janrain's sales "more than doubled" in 2012, and the company expected a quicker sales growth rate for 2013. Janrain had 170 employees by January 2013. That month, the firm received $33 million in new investment, marking one of the largest venture capital rounds for an Internet company in Oregon. Funding was led by Millennium Technology Value Partners, with additional participation by DFJ Frontier and RPM Ventures, existing investors Emergence Capital and Anthem Venture Partners, plus Epic Ventures, Salesforce.com, and Split Rock Partners. Including the 2013 investment, which was more than twice the amount of any venture investment in Oregon in 2012, Janrain had raised $52–53 million, and was noted as one of the "best-funded young technology" businesses in the state. The company reportedly planned to use the money to employ salespeople and engineers, enhance its technology, add new features to its software, and enter markets outside the U.S.
...
Wikipedia