SendGrid Raises $5M From Foundry Group and Highway 12 Ventures

SendGrid of Boulder, Colorado has raised $5 million in a round of funding from Foundry Group and Highway 12 Ventures. SendGrid develops e-mail software that helps ensure delivery and monitor analytics. Angel investors involved in this deal include Postini founder Scott Petry and WordPress founder Matt Mullenweg. [TechRockies]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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