TRUSTe Raises $12M

San Francisco-based TRUSTe, which operates a privacy seal program to help certify online privacy and trust policies, said today that it has raised $12M in a Series B funding round. The round was led by Jafco Ventures, and also included DAG Ventures, Accel Partners, and Baseline Ventures. The firm said the funding will go towards sales and marketing. More information »