Portland Continues to Attract Venture Capital; Jainrain Raises $15.5 Million
Another Portland company made a big announcement today, proving that Portland continues to grow as a hotbed for startups and venture capital. from the Silicon Forest blog at OregonLive.com:
Sign in to your Sears account with your Facebook ID, or log on to LadyGaga.com with your Twitter handle. Either way, the connection is made by a downtown Portland company called Janrain.
Social networking is the hottest investment property going, and Janrain is the latest beneficiary of that fervor. The company 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.
