Sendgrid Gets Funding

Boulder-based SendGrid, a firm developing email delivery software, has raised a new round of funding, according to Highway 12 Ventures, which led the investment in the firm. Amount of the investment was not disclosed. A recent regulatory filing by the firm indicates the investment was worth $750,000. According to Highway 12, other investors in the round included angel investor Jeff Clavier of SoftTech VC, Dave McClure of the Founder's Fund, and David Cohen of TechStars. SendGrid was founded by Isaac Saldana, and is a part of the TechStars incubation program. More information »