Wednesday, September 22, 2010

Jumio, Headed by Jajah's Mattes, Scores $1.36M

Mountain View-based Jumio, an online payment startup headed by Daniel Mattes, former chairman and co-founder of Jajah, has raised $1.36M, part of an ongoing $5.7M fundraising effort, according to a regulatory filing by the firm Wednesday. Source of the funding was not disclosed. Mattes sold Jajah to Telefonica for $207M in December of last year. Jumio was started in February, and has not yet released product. More information »