SendGrid Raises $21M to Send Even More Emails

January 17, 2012

SendGrid has raised $21 million in a Series B round of funding led by Bessemer Venture Partners. The Boulder, Colo.-based company sends 2.6 billion personalized emails per month to users of services like Pinterest, Airbnb and Path — with 26 billion total emails sent over the past two-and-a-half years.

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Email is still hot: Why SendGrid got $21M in VC funds

January 17, 2012

All those email messages from web applications and services for notifications, updates and subscriptions are growing at a fast clip, and that’s helping to spawn new opportunities in so-called transactional email. SendGrid, a TechStars graduate, is a big beneficiary, becoming one of the largest email platforms in the world, with 40,000 customers and 2.6 billion emails sent a month.

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SendGrid gets $21M in capital, led by Bessemer

January 17, 2012

Deliverer of cloud-based email solutions plans goes after enterprise market and London expansion

With more and more enterprise companies turning to the cloud for services, SendGrid, a cloud-based provider of email services, hopes to piggyback on that trend by helping them deliver their emails.

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SendGrid Sends 2.6 Billion Monthly Emails And It Just Raised $21 Million

January 17, 2012

SendGrid CEO Jim Franklin SendGrid, a TechStars company, has raised a $21 million Series B round from Bessemer Venture Partners. Existing investors Foundry Group, Highway 12 Ventures, SoftTechVC, 500 Startups and Bullet Time Ventures also participated.

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SendGrid raises $21M from Bessemer, Foundry, others to make automated e-mails painless

January 17, 2012

E-mail infrastructure startup SendGrid has raised $21 million in its second round of funding and created a partnership with Microsoft’s Windows Azure platform to convince more enterprises to use its e-mail delivery solutions, the company announced today.

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Bessemer Leads $21M Round In Cloud-Based Email Delivery And Management Service SendGrid

January 17, 2012

SendGrid now sends 2.6 billion emails per month for customers in more than 150 countries and tracks and reports more than 400 million events per day. In total, SendGrid has sent 26 billion emails on behalf of clients. The company nearly tripled its customer base (to 40,000) in 2011 alone.

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Web Host Rackspace Partners with Email Infrastructure Provider SendGrid

May 19, 2011

Web host Rackspace Hosting (www.rackspace.com) announced on Thursday that it has partnered with email infrastructure provider SendGrid (www.sendgrid.com).

According to the press release, the partnership will enable Rackspace customers to use SendGrid’s email solution, ideal for large amounts of email.

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Email Delivery System SendGrid Announces New Pricing Model

May 10, 2011

Unlike most, SendGrid, the TechStars-incubated email management and delivery system, loves dealing with overloaded inboxes. In fact, it loves email so much that it has delivered over 9 billion emails for more than 23K companies.

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SendGrid Named as One of The Top 16 2011 OnDemand Ones to Watch

March 19, 2011

AlwaysOn partnered with Morgan Stanley, KPMG, Hewlett-Packard, Blackstone Group, Bridge Bank, Fenwick & West, Silicon Valley Bank, along with industry experts, to identify the top 100 private on-demand and SaaS companies – plus 16 to watch – that are pioneers in cloud computing and SaaS.

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SendGrid Sends 7.5 Billion Emails, Brings Former Oracle Exec As CEO

March 9, 2011

SendGrid, an email delivery and management service, has reached an impressive milestone today-the startup has helped companies send 7.5 billion emails. That’s up from 1.2 billion emails sent through the platform last April. SendGrid is also announcing that former Oracle exec Jim Franklin has joined as CEO.

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SendGrid at a glance

SendGrid helps you focus on your business without the cost and complexity of owning and maintaining an email infrastructure. We manage all of the technical details from scaling the infrastructure, to whitelist services and real-time analytics. We offer world-class deliverability expertise to make sure your emails get delivered.

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Investors
Bessemer Foundry Highwayventures 500startups Softtech
Angel investors include:
Scott Petry (Founder, Postini)
Matt Mullenweg (Founder, WordPress)