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Sunday, November 8, 
2:43 pm

Omidyar Network delivers $4M to GoodMail

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E-mail certification service provider GoodMail Systems said Monday it has raised $4 million in funding from Omidyar Network.The deal comes as part of a $5 million second closing of the company's Series C funding round, which now totals $25 million.

The first closing was announced in November; the round is led by Bessemer Venture Partners, with participation from DCM, Emergence Capital Partners and Softbank Capital. Added to the $26.2 million the company raised previously in institutional and angel rounds, total funding for GoodMail now sits at $51.2 million.

The company said the funding would help it continue to build its core product, CertifiedEmail, which enables nonspam messages with multimedia and other active content to be delivered and opened securely.

The company's service that lets businesses certify their outgoing mail so that it is not automatically directed to spam or trash baskets. GoodMail has partnered with seven of the 10 biggest ISPs, which collectively ferry more than half of all the e-mail in the U.S. and Europe, the company said.

Omidyar Network founder Matt Halprin will join GoodMail's board as part of the funding. -- Olaf de Senerpont Domis


See Jan. 12 press release fromm GoodMail Systems
See November 2008 post on GoodMail's Series C from Tech Confidential


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