PostPath, a Mountain View start-up that sells a corporate email server, one of several companies trying to take on Microsoft, has just raised more cash.
It has raised $15 million in a third round of funding, led by JAFCO, and including existing investors Matrix Partners and Worldview Technology Partners.
It wants to take market share away from Microsoft’s Exchange service, by making its Linux-based server compatible with Exchange, so that companies can use PostPath without having to make major changes.
The four-year-old company has now raised $30 million.
Other competitors include Scalix and Zimbra.
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Cisco acquires email startup PostPath for $215M » VentureBeat said:
[...] touts PostPath’s security, scalability and compatibility with other email solutions — the Linux-based email service’s interoperability with Microsoft Exchange has been a selling point in the past. Cisco says it plans to incorporate the Mountain View, Calif. [...]