SendGrid Raises $750K For Email Delivery Software

Tuesday, December 8th, 2009

Leena Rao currently works as a writer for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... → Learn More

Startup SendGrid has raised $750,000 in Series A funding led by Highway 12 Ventures, 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.

SendGrid also delivers CAN-SPAM compliance, link tracking, open rate reporting, and more. Besides deliverability and scalability, SendGrid offers companies analytics, so they can track email clicks, opens, unsubscribes, spam reports, and bounces without writing a single line of code. The company already has100 paying customers and has delivered over 100 million emails on their behalf. SendGrid will use the funds to to expand its development, marketing and sales efforts.

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