19 Oct

SendGrid files for marketing email IPO

 Denver-based SendGrid has filed for an IPO. The company, which helps marketers send emails to customers, says in its S-1 that it’s processed more than “one trillion emails.” Revenue for last year was $79.9 million, compared with $58.5 million in 2015 and $42.3 million the year before. The business is unprofitable, losing $3.9 million in for 2016, compared to $5.9 million… Read More
Source: TechCrunch – Funding and Exits

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