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SendGrid Raises $750K For Email Delivery Software

December 9, 2009 /

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Startup SendGrid has raised $750,000 in Series A funding led by Highway 12 Ventures http://www.highway12ventures.com/ , with SoftTech VC, FF Angel LLC, TechStars-founders David Cohen and other angel investors participating. Incubated by TechStars, SendGrid attempts to solve the problems faced by companies when sending transactional outbound email (emails delivered by software applications such as sign up confirmations, shipping alerts, friend requests, and notifications). SendGrid’s outbound email servers promise to improve the delivery rates and solve scalability problems.

by Leena Rao

Full Story: http://www.techcrunch.com/2009/12/08/sendgrid-raises-750k-for-email-delivery-software/

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