San Francisco, Calif. – July 7, 2010 - TRUSTe, provider of the leading online privacy trustmark, today announced two new members to its Board of Directors: Ben Golub, President and CEO of Gluster, Inc., as an independent board member; and Jeb Miller, General Partner at Jafco Ventures, as a TRUSTe investor. Golub and Miller join the board following on the footsteps of TRUSTe’s $12 million Series B funding and at a time of high growth for the company, as it continues to expand in the enterprise market and ramps up to meet increasing demand among small- and medium-sized businesses.
“Both Ben and Jeb have extensive experience working with Internet technology start ups and moving early stage companies forward as market leaders,” said Chris Babel, CEO of TRUSTe. “Ben and Jeb are both passionate about building trust on the Internet and their experience will provide additional depth of knowledge and industry guidance to further enhance our management team.”
“No company is better positioned than TRUSTe to bridge the trust gap in digital transactions and propel the use of eCommerce to the next level,” stated Golub. “I am honored to join TRUSTe’s board of directors and look forward to contributing to its success.”
“As an investor and an Internet trust and privacy advocate, I am eager to work alongside TRUSTe’s highly qualified management team to help steer the company as it transitions to the next stage of development,” added Miller.
Prior to joining Gluster, Golub served for five years as President and CEO at Plaxo, Inc., a social networking infrastructure pioneer. During his tenure at Plaxo, Golub led a complete turnaround for the company, bringing it to profitability, attaining over 20 million users, and orchestrating a large and successful acquisition by Comcast Interactive Media. Golub has also held several executive roles at VeriSign, including Chief Marketing Officer and Senior Vice President/General Manager of the Enterprise Security, SSL and Payments divisions. He also serves on the board for BlueSwarm, Inc. and Partners for Youth with Disabilities.
Miller has more than 15 years of experience working with early-stage technology companies as a venture capitalist, operating executive and investment banker. Prior to joining Jafco Ventures, Miller was with the Silicon Valley office of The Carlyle Group, focused on technology investing. His venture investing experience includes three years as Partner at ComVentures, as well as three years as Principal, Worldview Technology Partners. He has also held the position of Managing Director of Business Development for Scient, a pioneering Internet consulting firm. In addition to his position on the TRUSTe board, Miller serves of the board of Purfresh and World Golf Tour. He also serves as a consultant to the Defense Venture Catalyst Initiative program of the US Department of Defense.Golub and Miller join a team of distinguished members already serving on the TRUSTe Board of Directors, including: Andrew Braccia, General Partner, Accel Partners; Theresia Gouw, General Partner, Accel Partners; and TRUSTe executives Chris Babel, CEO; and Fran Maier, President and Executive Chair.
TRUSTe is the leading global privacy management solutions provider and offers a broad suite of solutions that enable multinational companies to safely and efficiently handle the customer data powering their online businesses - including advertising, cloud services, mobile applications, and websites. Over 5,000 web properties from top companies like Apple, Disney, eBay, Forbes, HP, and Microsoft rely on TRUSTe to ensure compliance with evolving and complex international privacy requirements. TRUSTe's mission, based on a "Truth in Privacy" framework, is built on a solid foundation of transparency, choice and accountability regarding the collection and use of personal information. TRUSTe's privacy seal is recognized and trusted by millions of consumers worldwide as a sign of responsible privacy practices. For additional information on TRUSTe and its offerings, please visit http://www.truste.com.