Zumbox Raises $9.7M

Zumbox, a Westlake Village, CA-based provider of a platform for paperless postal systems, has received $9.7m in financing, according to a regulatory filing with SEC.
The company, which had closed an $8m Series A funding in August 2009, has created a web-based platform for the delivery of paperless mail.
It is designed to connect large transactional, financial and government mailers to households for the delivery and storage (via the Internet) of digital postal mail.
For every U.S. street address, there is a corresponding digital mailbox – called Zumbox – enabling mail and other content to be sent as digital files and received online with no paper, printing or postage, and no scanning.
The service provides bank-level security and is compliant with strict security standards. The company also licenses the platform to operators outside the United States.
Zumbox is led by CEO John Payne, who is joined on the board of directors by co-founder Arthur Bilger and Bertram Zweig. The management team include Adam Schneider – VP, Business Development, Dave Elkins – VP, Product Development, Joergen Aaboe – Sr. Director of Marketing, Patrick Kirby – VP, Engineering, Michael Bradbury – VP, Finance, and Peter Price – Vice Chairman.

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