Tech Company Financing Transactions
TrustedID Funding Round
TrustedID, operating out of Palo Alto, secured $10 million from Opus Capital and Threshold Ventures.
Transaction Overview
Company Name
Announced On
10/18/2007
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
Opus Capital (Lead Investor) (Ken Elefant)
Threshold Ventures (Andreas Stavropoulos)
Proceeds Purpose
TrustedID will use the funds for new product development and business expansion.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
395 Page Mill Road 130
Palo Alto, CA 94306
USA
Palo Alto, CA 94306
USA
Phone
Website
Email Address
Overview
TrustedID offers consumer tools and solutions to prevent identity theft. The company's products give Americans their first means to proactively protect themselves against the country's fastest growing crime, identity theft. TrustedID's products are available to consumers through the nation's leading financial institutions and consumer brands, as well as directly through the TrustedID.com website.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Scott Mitic
Chief Marketing Officer
Lyn Oakes
VP - Bus. Development
Jeremy FriedLander
VP - Engineering
Gangadhar Kotte
Browse more venture capital transactions:
Prev: 10/18/2007: Marval Biosciences venture capital transaction
Next: 10/19/2007: Patton Medical Devices venture capital transaction
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Our team works diligently to document funding rounds that are announced publicly. All VC database entries reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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