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JanRain raises $3.25 million

Portland-based online identity technology company JanRain Inc. on Monday said it has received $3.25 million in new venture capital. JanRain will use the capital to expand its product offerings for Web site operators and grow sales and marketing efforts. The company’s flagship product is called RPX, a software-as-a-service offering that allows Web site operators to register and login visitors through their existing accounts on sites such as Facebook, Google, Yahoo, Twitter and MySpace.

Portland Business Jouurnal