History
Intelius was founded in 2003 by six former Infospace executives: Naveen Jain, Kevin Marcus, Niraj Shah, Ed Petersen, Chandan Chauhan and John Arnold. Jain was then sued by InfoSpace for allegedly violating noncompete agreements, mishandling business-specific secrets and interfering with InfoSpace's customer relationships. The judge ruled in favor of Jain, citing a lack of "clear and convincing evidence" that there was a violation of noncompete agreements.
Intelius filed a registration statement on January 10, 2008 for an initial public offering to raise up to $143.75 million. The plans were withdrawn October 2010.
In late 2010, Co-Founder and Chief Technology Officer Kevin Marcus left the company to join BigTip.
In October 2011, Jain stated that an IPO might be in the company's future in 2012.
In November 2011, Intelius purchased the Facebook genealogy app Family Builder. During the same month, the company announced the inclusion of TrueRep to its services. This program allows consumers to provide explanations for any indiscretions on their records.
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