Goodmail Systems, raises $12M for trusted email delivery

Updated

Goodmail Systems, a Mountain View company that helps people and companies deliver trusted email said it has raised $12 million in venture funding in a round led by new investor SoftBank Capital.

Richard Gingras, chairman and CEO of Goodmail Systems, told VentureBeat about the funding Friday evening, but the news was first released Tuesday. See announcement details here.

There are a lot of email services in the market, and it is unclear how much traction the… Continue Reading

Azureus soaks up $12M and launches Zudeo, but not simple

Azureus soaks up $12M and launches Zudeo, but not simple

Azureus, a Palo Alto company that delivers a popular application to distribute video files, launched a new service named Zudeo, which it apparently hopes will become the next YouTube for high-quality video.

It has raised $12 million in a second round of capital, led by Redpoint Ventures, which also included Greycroft Partners and previous investors Jarl Mohn, chairman of CNET Networks, BV Capital, Stanford University, UC Berkeley and Wilson Sonsini Goodrich & Rosati.

At Zudeo, users can… Continue Reading