Zumbox Receives $8,000,000 Series A Round

  • Feed Type
  • Date
    8/24/2009
  • Company Name
    Zumbox
  • Mailing Address
    31364 Via Colinas Westlake Village, CA 91362
  • Company Description
    Zumbox provides the first all-digital postal system that is free for qualified senders of regular mail, such as billers, governments and community organizations. Zumbox delivers mail electronically based on the same street addresses as traditional physical postal systems and enables consumers to easily access their mail from anywhere at anytime via the Internet, with no need for an intermediary to sort, scan or forward paper mail. Marketers can now geo-target consumers more efficiently, while reducing postage, paper and printing costs. Zumbox provides banking-level security through its closed system in compliance with PCI, BITS and HIPAA security rules and regulations. Zumbox presents a more accountable and environmentally responsible alternative to paper mail. Founded in 2007, Zumbox is privately held and is based in Westlake Village, CA.
  • Website
    http://www.zumbox.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Shelter Capital Partners
  • Venture Investor
    Undisclosed

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