Vienna, Va. - Privacy Vaults Online (PRIVO), a provider of Web-based compliance software to clients such as Vivendi Games and Burger King, said that it has raised nearly half of the $1.2 million in funding that it is currently seeking.

The company, which is courting gaming companies and electronics marketers at this week's International CES in Las Vegas, previously raised more than $2.5 million, mainly from angel investors and CEO Denise Tayloe.

The company was founded by Tayloe and brother Ken Tayloe in early 2001 to help consumers manage their digital identities and create software that would help companies effectively interact with children while in compliance with federal law.

Looking to close her company's first institution round of funding this spring, Tayloe so far has presented to John May's Active Angel Investors and the Funding Post, and will make a pitch to Golden Seeds in New York later this month.

Related Links:
http://www.privo.com