Skip to main content

Can OpenID Be Commercialized? Investors Bet $3.25 Million On JanRain


JanRain has always been on the forefront evangelizing OpenID, the decentralized authentication method for the new Web, as a founding member of the OpenID Foundation. But the company is not a non-profit, and aims to turn the deployment of online identification technology in enterprise environments into a viable business.

JanRain just got a vote of confidence from three U.S.-based venture capital firms: we've learned that the startup has recently raised a $3.25 million Series A round of financing led by DFJ Frontier with participation from RPM Ventures and Anthem Venture Partners.


JanRain has always been on the forefront evangelizing OpenID, the decentralized authentication method for the new Web, as a founding member of the OpenID Foundation. But the company is not a non-profit, and aims to turn the deployment of online identification technology in enterprise environments into a viable business.


JanRain just got a vote of confidence from three U.S.-based venture capital firms: we’ve learned that the startup has recently raised a $3.25 million Series A round of financing led by DFJ Frontier with participation from RPM Ventures and Anthem Venture Partners.


JanRain’s flagship product is RPX, an SaaS platform for on-site acceptance of OpenID accounts for registrations and other activities, which as you may know can just as well be your MySpaceID, Windows Live ID or your regular Facebook, Google, Yahoo! account. It’s worth noting that RPX is a solution that works both ways, as it also enables users to publish their activities on client’s websites to multiple social networks.


According to JanRain, its solution is already being used on more than 170,000 websites today, including those of Sears, Kmart, FOX News, Scout24, Universal Music Group and EMI Music.


The software comes in three flavors: a free version that supports up to 6 interface providers and includes basic profile data, and two professional versions, the cheapest one starting at $100 a year. There’s a clean overview of available plans and corresponding pricing on the RPX product website.


JanRain is really one of the only horses in this race, but the adoption of OpenID hasn’t exactly been stellar so far. Investors are now betting millions on the assumption that the Silicon Valley company, founded in 2005, has what it takes to effectively mass market and sell authentication systems to website publishers based on OpenID and other online identity technologies.


Would you?


Crunch Network: CrunchBase the free database of technology companies, people, and investors












Comments

Post a Comment

Popular posts from this blog

How to find ideas to post new article in your blog

How to find ideas to post new article in your blog    阅读原文»   It is true that sometimes being a blogger may face situations where I would personally like to call it your brain juices got dried up as you have pretty much ran out of topic to blog and you are in crisis as your readers are anxiously waiting for your new posts but you are unable to give in. That’s when you will probably come with excuses like I just posted last week although that post was more directly towards the newbies who stop themselves from making money but it’s still pretty much the same even though you consider yourself not a newbie. The fact is that ideas are everywhere and I mean everywhere if you know where to find it and know how to leverage it. You may be surprised that sometimes these ideas are just right in front of you but you are not observant enough to convert these ideas and turn it into your blog post. Today I will share some tips on where to get these ideas and most of it is part of your dai
131 comments
Read more

Lindsay Lohan Breakup Confirmed by Lohan, Locksmith, Police [Gossip Roundup]

Farewell, last season's Suri Cruise fashions. Goodbye, Amy Winehouse's bathing suit. Adieu, humanoid version of Lauren Conrad. And so long, LiLo and SamRon's fairytale romance. Lindsay Lohan confirmed her split with Samantha Ronson and insisted the decision was part of a very healthy and mature effort to " focus on myself ." Upon hearing this, Ronson changed her locks and discussed a restraining order with police, so confident was she in Lohan's ability to turn productively inward. Lohan promptly had a run-in with the police . Who would have imagined such a messy breakup for this model relationship? Courtney Love's lawyer, on her client's drug-fueled plunge into broke-ness: ""Courtney noticed the money was gone when there wasn't any left." Deadpan gallows humor: the only possible response to having Courtney Love as a client. (Besides asking for a hefty retainer.) [ P6 ] Before Lauren Conrad's contract expired in March, MTV
29 comments
Read more

Over A Year After Android Launch, ShopSavvy Finally Comes To The iPhone

ShopSavvy was one of the best early Android applications. It launched in October of last year after winning one of the initial Android Developer Challenge top prizes (when it was still known as GoCart). But despite the success it has seen on Android, one question remained: When would it be available for the iPhone. Today, it finally is. Developed by the guys at Big In Japan , ShopSavvy is an app that allows you to use your device as a portable barcode scanner. You point your phone's camera at any barcode and it will read it, do a product look up, and give you information about the product, as well as where you can find it online or at nearby stores and for how much. Obviously, something like this is a window shopper's dream. ShopSavvy was one of the best early Android applications. It launched in October of last year after winning one of the initial Android Developer Challenge top prizes (when it was still known as GoCart). But despite the success it has seen on Android, o
Post a Comment
Read more