Tuesday, July 10, 2012

Zumbox Receives $10M More In Series C Funding

Los Angeles-based Zumbox, the startup providing digital, postal mail services, which is now headed by John Payne, has raised $10.6M in a Series C funding round, the firm said late this morning. The firm said the funding came from existing investors, along with CEO John M. Payne and strategic partner Compushare. The firm says it has now raised $28M for development and distribution of its offerings. Zumbox said the funding will go towards operations, sales, marketing, and development of its technology. Zumbox has been looking to provide a service to help billers and others to deliver mail to a "digital mailbox" based on a physical address. More information »

---