MailChimp, an Atlanta, GA-based email marketing company, has invested (not received) $2m into Mosley Ventures, a venture capital fund investing in early stage technology startups in Atlanta and the Southeast.
The company has invested more than $3m into its own integration fund to support developers who build on the MailChimp platform but this one represent the first investment in a venture capital fund. It was made via Karman Line Ventures, LLC.
Led by CEO Ben Chestnut, the company provides an online email marketing solution to manage contacts, send emails and track results and plug-ins for other programs. MailChimp currently employs about 300 people in Atlanta.