Tech Company Financing Transactions

IdenTrust Funding Round

IdenTrust, operating out of San Francisco, secured $20 million from Enterprise Partners Venture Capital and Rho Ventures.

Transaction Overview

Company Name
Announced On
7/26/2005
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors

Enterprise Partners Venture Capital (Lead Investor) (Carl Eibl)

Rho Ventures (Lead Investor) (Benjamin Terk)

Proceeds Purpose
Identrus will use the Series B funds to expand sales and distribution channels domestically and internationally, as well as to further its reach in key vertical markets, including financial services, pharmaceutical, government and transportation/logistics. In addition, Identrus will invest in business development activities to develop strategic relationships similar to those recently announced with IBM, Adobe and RosettaNet.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
55 Hawthorne Street 400
San Francisco, CA 94105
USA
Email Address
Overview
IdenTrust is a global solutions company that secures interactions where identity is critical. As the only government regulated, bank-built identity company, Identrus provides a worldwide network for trusted identity credentials based on global standards.
Profile
IdenTrust LinkedIn Company Profile
Social Media
IdenTrust Company Twitter Account
Company News
IdenTrust News
Facebook
IdenTrust on Facebook
YouTube
IdenTrust on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Karen Wendel
  Karen Wendel LinkedIn Profile  Karen Wendel Twitter Account  Karen Wendel News  Karen Wendel on Facebook
VP - Finance
Deborah Fugate
  Deborah Fugate LinkedIn Profile  Deborah Fugate Twitter Account  Deborah Fugate News  Deborah Fugate on Facebook
VP - Operations
Don Johnson
  Don Johnson LinkedIn Profile  Don Johnson Twitter Account  Don Johnson News  Don Johnson on Facebook
VP - Product Management
Vishvas Patel
  Vishvas Patel LinkedIn Profile  Vishvas Patel Twitter Account  Vishvas Patel News  Vishvas Patel on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/25/2005: NP Photonics venture capital transaction
Next: 7/26/2005: Apogee Photonics venture capital transaction

 

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We do our best to document every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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