Tech Company Financing Transactions

41st Parameter Funding Round

41st Parameter, based in Costa Mesa, secured $13 million from Georgian Partners, Kleiner Perkins Caufield & Byers and Norwest Venture Partners.

Transaction Overview

Company Name
41st Parameter
Announced On
4/12/2012
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Undisclosed
Investors

Georgian Partners (Justin Lafayette)

Kleiner Perkins Caufield & Byers (Ted Schlein)

Norwest Venture Partners (Venkat Mohan)

Rally Ventures (Thomas Mawhinney)

Proceeds Purpose
The new funding will be used to further fuel R&D -- focused on both the flagship FraudNet platform and the AdTruth pro-privacy digital media device recognition division. In addition, the funds will be used to support 41st Parameter's expansion as it builds up its presence in Silicon Valley and grows its sales and customer operations around the world.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
475 Anton Blvd.
Costa Mesa, CA 92626
USA
Phone
(714) 830-7000
Website
www.the41.com
Email Address
Not Recorded
Overview
As the pioneer of covert, online fraud detection and prevention technologies, 41st Parameter offers highly accurate, non-intrusive fraud control measures for the online channel.
Profile
41st Parameter LinkedIn Company Profile
Social Media
41st Parameter Company Twitter Account
Company News
41st Parameter News
Facebook
41st Parameter on Facebook
YouTube
41st Parameter on YouTube

Management Team

Title
Name
Email & Social
Chairman
Donald Robert
  Donald Robert LinkedIn Profile  Donald Robert Twitter Account  Donald Robert News  Donald Robert on Facebook
Chief Executive Officer
Brian Cassin
  Brian Cassin LinkedIn Profile  Brian Cassin Twitter Account  Brian Cassin News  Brian Cassin on Facebook
Chief Financial Officer
Lloyd Pitchford
  Lloyd Pitchford LinkedIn Profile  Lloyd Pitchford Twitter Account  Lloyd Pitchford News  Lloyd Pitchford on Facebook
Chief Information Officer
Barry Libenson
  Barry Libenson LinkedIn Profile  Barry Libenson Twitter Account  Barry Libenson News  Barry Libenson on Facebook
Chief Operating Officer
Kerry Williams
  Kerry Williams LinkedIn Profile  Kerry Williams Twitter Account  Kerry Williams News  Kerry Williams on Facebook

 

 

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Prev: 4/12/2012: CrowdOptic venture capital transaction
Next: 4/12/2012: Connotate venture capital transaction

 

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Our team works diligently to record all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 

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