Janrain, a provider of social identity management solutions for businesses, has secured $15.5 million in venture capital (VC) financing. The investment round was led by Emergence Capital Partners.
Existing investors including, Anthem Venture Partners, DFJ Frontier, RPM Ventures and Tim Draper, also took part in the fundraising process. The company intends to use the investment to add resources and employees across all existing functional teams and further support the accelerated growth.
Click here for the release from PR Web.