PORTLAND, OR --(Marketwired - June 30, 2016) - Janrain®, the leading Customer Identity and Access Management (CIAM) solutions provider, today announced it now manages and engages with more than 1 billion consumer identities across tens of thousands of digital properties for clients around the globe. This milestone was verified independently by web-based consumer intelligence service company Compete.
Janrain has continued to gain market share during the first half of 2016 with its proprietary technology now being utilized by more than 1500 leading brands. Clients new to the Janrain platform include Monterosa, Univision Communications Inc., Flight Centre and The Madison Square Garden Company.
"Every day, the largest brands in the world trust Janrain to provide secure stewardship of their customer identities," said Jim Kaskade, CEO of Janrain. "Following our latest round of funding in Q4 2015, we continue to experience notable growth and expansion. We are well positioned in the marketplace to scale Janrain to its maximum potential."
The company increased its global footprint, entering the Latin American market in March to become the first CIAM platform to provide reach into the region. Since 2002, Janrain has successfully entered the Chinese, European and Australian markets and now serves clients in 65 countries. The company's success was recognized in 2015 when it was named by Inc. as one of the Inc. 5000 fastest growing private companies in the nation following a three-year sales growth of 294%.
Product Innovation and Strategic Alliances
Continuing its rich tradition of product innovation, Janrain introduced Janrain Segments™ in Q1 2016, a new product that offers companies unparalleled segmentation data with behavior-rich targeting to improve personalized marketing efforts. Janrain is the only CIAM platform with a segmentation capability. This is part of a roadmap that has been tailored to serve global customers with complex requirements.
Alongside its ongoing commitment to new product development, Janrain actively pursues alignment with strategic partners in the marketplace to provide enterprise level companies with solutions for creating increased interaction and engagement with their consumers. The company's most recent partnership is with Appnovation, a global technology enabled services firm that delivers innovative and creative open technology solutions. Appnovation is leveraging the Janrain CIAM platform to provide more services and integrations to its customers while expanding its technology and business reach.
Execution with Executive Leadership
Following this period of exponential growth, Janrain hired Martin Day as its CFO in Q4 2015 and closed $27 million in Series D funding with Silicon Valley-based HighBar Partners. The company's total funding since its incorporation is $79 million. Janrain continued adding new talent to its executive leadership team in 2016, onboarding seasoned technologist Darryl Nicholson as vice president of engineering and David Nelli as vice president of alliances. In April, Janrain's Board of Directors announced that industry veteran Jim Kaskade would succeed Founder Larry Drebes as CEO. Kaskade brings to Janrain more than 30 years of experience in complex enterprise technology, including 10 years as a startup CEO leading companies from their founding to acquisition.
Based in Portland, OR with offices in London, Paris, and in Silicon Valley in Redwood City, CA, Janrain was founded in 2002 and is credited with creating the category now coined by analysts as CIAM.
The Janrain Customer Identity and Access Management platform helps brands build a unified view of their customers across all devices by collecting accurate customer profile data to power personalized marketing. The proprietary platform encompasses social login, registration, customer profile data storage, customer segments, customer insights, single sign-on, and engagement. Janrain powers customer identity management for brands like Pfizer, Samsung, Whole Foods, Fox News, Philips, Marvel, and Dr Pepper. Founded in 2002, Janrain is based in Portland, Oregon, with offices in London, Paris, and the Silicon Valley in California. For more information, please visit www.janrain.com and follow @janrain.