CitizenHawk raises $3,000,000

CitizenHawk Inc., an Aliso Viejo, Calif. based provider of technology that helps protect brands from cybersquatters, has raised $3 million in Series B funding.  “CitizenHawk’s digital brand management solutions help companies monitor, protect and enforce proper use of their brand online. CitizenHawk allows companies to protect one of their most valuable assets — their brand — and to reclaim millions of dollars in revenue lost through accidental traffic being monetized by fraudulent domain holders through PPC advertising, gambling, pop-ups, spyware, affiliate fraud and other spurious means. The company’s patent-pending technology crawls the Web to identify nearly all instances of cybersquatting that infringe on a company’s brand, sends notices of fraudulent activity to domain owners, interrupts the flow of money being paid to cybersquatters, and automates legal action to get fraudulent sites stopped for good.”