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TriStrata

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Dermocosmetic skincare research and development company

Redwood City, United StatesFounded 1996
Valuation $50–100M Last recorded · 1998
Total funding $10–50M Disclosed equity funding
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About TriStrata

TriStrata, Incorporated was the privately-held parent company of the dermocosmetics leader, NeoStrata Company, Inc. In 2016, Johnson & Johnson Consumer Inc. entered into a definitive agreement to acquire NeoStrata and its parent company, TriStrata.

NeoStrata was formed in 1988 by Drs. Ruey Yu and Eugene Van Scott, who made significant contributions to the science of skincare. The Princeton, New Jersey-based company was known for its breakthrough research in Alpha Hydroxy Acids (AHAs), which became a standard technology in the anti-aging beauty category. They developed and marketed a range of clinically-proven, dermatologist-developed skincare products for various skin types. In November 2003, TriStrata Technology, Inc. (TTI), a subsidiary of NeoStrata, won a patent infringement suit against Valeant Pharmaceuticals International concerning the use of AHAs to enhance the therapeutic effect of other substances.

Prior to its involvement in cosmetics, a Redwood Shores, California-based company named TriStrata, founded by John Atalla, the developer of the Personal Identification Number (PIN), was focused on enterprise information security. This earlier iteration of TriStrata developed a comprehensive, centrally managed system for information security, providing solutions for files, disks, email, and corporate networks, including public-key infrastructure (PKI) capabilities and secure virtual private networks (VPNs). The business model also involved Security Service Providers (SSPs) maintaining and administering the security system for an enterprise. The client software ran on Windows operating systems, while the server software also supported Solaris.

Source: Dealroom company data

At a glance

Status
Operational
Founded
1996
Headquarters
Redwood City, United States
Open positions
None listed
Dealroom signal
12.7/100
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Jan 1998 $15M $85M Benchmark ↗
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Redwood City HQ
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Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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