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

Posted Apr 22, 2010

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]