Coattail Ventures strikes again, backs StrongMail with $13M
StrongMail Systems, a Redwood Shores, Calif. provider of email delivery software, that helps companies manage marketing campaigns, among other things, has raised $13 million in a third round of funding.
The round was led by new investor DAG Ventures, and included existing backers Evercore Partners, Globespan Capital Partners and Sequoia Capital.
DAG Ventures has pursued a dogged strategy of backing companies that have received capital from the best-name venture firms, including Sequoia, Kleiner Perkins and Benchmark. There… Continue Reading