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Portland’s Janrain lands $15.5 million venture round for its social networking logins

Sign in to your Sears account with your Facebook ID, or log on to LadyGaga.com with your Twitter handle. Either way, the connection is made by a downtown Portland company called Janrain.

Social networking is the hottest investment property going, and Janrain is the latest beneficiary of that fervor. The company plans to announce $15.5 million in new venture capital today, making it one of the biggest venture rounds for an Oregon software company in many years.

Oregon Local news