Raises $41 Million 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. is raising additional money because they are getting into a new business.’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. 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 Raises $41 Million Comments

  1. @Reputation_Firm says:

    Despite the capitaliztion of, they are having a myriad of their own online reputation management issues:… __Their privacy program was not a wise investment for August Capital for 2 reasons:__1. There's little consumer loyalty to online privacy programs. __2. A $40-50 million dollar investment to remove information from websites may have addressed less than 1% of the websites that collect data. The internet has BILLIONS of websites and digital properties. Other than to shut down the internet there's really no effective way to stop the proliferation of online data.__EPIC FAIL!

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