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August 28, 2012 03:30 pm GMT
Rackspace has acquired Mailgun, a San Francisco-based Y Combinator startup that has developed an API for creating and managing online email inboxes for apps and web sites. It's a concept that sounds simple on its face. But Mailgun's ease of use and sophisticated routing can provide a number of new functionalities to web apps and web pages that is all done programatically.Terms of the deal were not disclosed.The company was part of the 2011 winter Y Combinator class. In May of that year, it received$1.1 million in funding. Investors include SV Angel, Yuri Milner;Maynard Webb; Y Combinator Partner Paul Buchheit, who created Gmail; and Geoff Ralston, who built and launched Yahoo Mail back in 1997.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2ECO3okpPdU/
Rackspace Acquires Mailgun, A Y Combinator Startup That Gives App Developers An API For Creating And Managing Online Mailboxes
Rackspace has acquired Mailgun, a San Francisco-based Y Combinator startup that has developed an API for creating and managing online email inboxes for apps and web sites. It's a concept that sounds simple on its face. But Mailgun's ease of use and sophisticated routing can provide a number of new functionalities to web apps and web pages that is all done programatically.Terms of the deal were not disclosed.The company was part of the 2011 winter Y Combinator class. In May of that year, it received$1.1 million in funding. Investors include SV Angel, Yuri Milner;Maynard Webb; Y Combinator Partner Paul Buchheit, who created Gmail; and Geoff Ralston, who built and launched Yahoo Mail back in 1997.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2ECO3okpPdU/
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