Message Systems Raises $27M in Funding

MESSAGE SYSTEMS LOGOMessage Systems, a San Francisco, CA-based email infrastructure provider, raised $27m in funding.

Backers included new investor Hercules Technology Growth Capital and existing investors LLR Partners and NewSpring Capital. Separately, it secured a new $8m line of credit for working capital purposes, also from Hercules.

The company, which has raised a total of $65m to date, intends to use the funds to expand adoption of SparkPost, its new public cloud email service, via accelerated development and expanded sales and marketing.
Launched in November 2014, SparkPost makes available to developers and companies of all sizes the email platform used by the world’s largest email senders.

Led by CEO Phillip Merrick, Message Systems is an email infrastructure provider serving customers including Facebook, LinkedIn, Twitter, Groupon, Salesforce, Marketo, Oracle, Comcast, Time Warner, AT&T and American Express.

FinSMEs

18/02/2015

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