With more people becoming concerned about online privacy issue it was easy to see that the money will follow. One of the companies that has been involved in protecting people’s online privacy is the people behind reputation.com.
The company recently announced that they have closed another round of venture capital funding to the tune of $41 million of new funding. That raises the total amount of funding received from VC money to $65 million. The company says that this round of funding was oversubscribed so that is a good sign that people are interested in this type of business model.
The company obviously has plans to expand because they currently have over 100 positions that they are looking to fill. they currently have over 150 employees.