SendGrid Garners $21,000,000 Series B Financing Round

  • Feed Type
  • Date
    1/17/2012
  • Company Name
    SendGrid
  • Mailing Address
    1877 Broadway St Boulder, CO 80302
  • Company Description
    SendGrid transparently handles DKIM, SPF, ISP rate limits, content inspection, bounces, and spam reports to help users achieve higher deliverability. SendGrid integrates in minutes by just changing three SMTP settings. We even assign our users their own IP addresses.
  • Website
    http://www.sendgrid.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $21,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    SendGrid will use the funds to meet strong and growing global demand, accelerate hiring and continue to invest in product, developer relations and customer support.
  • M&A Terms
  • Venture Investor
    Bessemer Venture Partners
  • Venture Investor
    Foundry Group
  • Venture Investor
    Highway 12 Ventures
  • Venture Investor
    SoftTech VC
  • Venture Investor
    500 Startups
  • Venture Investor
    Undisclosed