SparkPost Receives $10.5M Credit Facility

SparkPost, a cloud email infrastructure provider, received a $10.5m credit facility.

Square 1 Bank, a division of Pacific Western Bank, provided the debt financing.

The company intends to use the funds for working capital for ongoing company initiatives.

Led by Phillip Merrick, chief executive officer, SparkPost provides a cloud email delivery service to over 20,000 active users ranging from small startups to major technology companies. Among others, customers include Pinterest, LinkedIn, Twitter, Groupon, Marketo, Zillow, CareerBuilder, the Financial Times and Comcast.
The company has offices in Columbia, MD, San Francisco, CA, and London, England.



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