Reputation.com Raises $41 Million
Reputation.com is an online privacy start-up company that has raised $41 million in funding. The new round of funding was led by August Capital. Insight Capital, Jafco Ventures, Kleiner Perkins, and Bessemer Venture Partners also participated in this round. This brings the company revenues to over $65 million. This is the company’s fourth round of funding.
Reputation.com is raising additional money because they are getting into a new business. Reputation.com’s new business is to collect data on individuals and place layers of their own technology on that data. Then the company creates assessments on those individuals that consumers can license. Consumers would also be able to claim their online profile.
Reputation.com currently has 150 employees and opened another 100. They are currently based in Redwood City, California and plans to open a new office in San Francisco.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry