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Westlake Village-based Zumbox , a developer of a system for sending electronic mail to postal addresses, announced today that it has raised $8M in a funding. Zumboxdevelops a service--aimed at marketers and businesses--to target individuals with electronic mailings, based on their street address, rather than their email inbox.
Westlake Village-based Zumbox , which is developing an electronic bill payment service, has raised an additional $9.7M Zumbox competes with such billing aggregation providers as Doxo. in funding, according to a regulatory filing by the firm. Source of the new funding was not disclosed. The firm previously raised $8.0M
Los Angeles-based Zumbox , the startup providing digital, postal mail services, which is now headed by John Payne, has raised $10.6M The firm says it has now raised $28M for development and distribution of its offerings. The firm says it has now raised $28M for development and distribution of its offerings. READ MORE>>.
LAVA inducted Mayor Riordan--who had a long and involved career in venture capital and private equity before his efforts in politics--into its LAVA Hall of Fame. The group, which promotes the venture capital industry in the Los Angeles area, also honored local companies for their funding and exit activity.
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