TrustE Secures $15,000,000 Series C Financing

  • Feed Type
  • Date
    1/23/2012
  • Company Name
    TrustE
  • Mailing Address
    835 Market Street Box 137 San Francisco, CA 94103
  • Company Description
    TRUSTe’s services support online business growth by allowing companies to communicate their commitment to privacy, and letting consumers know which businesses they can trust.
  • Website
    http://www.truste.org
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    With the new funding, Babel said the company will expand its product offerings, ramp up sales and marketing and expand oversees, particularly to Europe.
  • M&A Terms
  • Venture Investor
    Baseline Ventures
  • Venture Investor
    Accel Partners
  • Venture Investor
    DAG Ventures
  • Venture Investor
    Jafco Ventures