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February 22, 2017 01:00 pm GMT

Email delivery service Mailgun spins out of Rackspace and raises $50M

an envelope or letter made from light trails hovering above illuminated spot on beachMailgun, a Y Combinator-incubated email delivery service that was acquired by Rackspace in 2012, today announced that it is being spun our of Rackspace and that it has raised $50 million. Rackspace itself, of course, is going through a transition period now that it ishas become a private company againand given that email delivery isn’t one of its core service, the company likely… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Mduq-G-wiIs/

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