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Interactive Email Platform Providers PowerInbox And ActivePath Join Forces, Raise $10 Million Series A For New, Combined Company

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http://techcrunch.com – PowerInbox, an email platform company which offers interactive email apps for consumers and marketers, has raised a $10 million Series A round jointly led by Atlas Venture, Longworth Partners and Battery Ventures, following the company’s merger with NYC-based ActivePath, which offers a similar interactive email solution. Also participating in the new round were Genesis, Gimv and Correlation Ventures. PowerInbox previously had $1.9 million in seed funding from Atlas, Longworth, Correlation, and other angel investors, while ActivePath had raised a $10 million Series B in September 2011 f (IT news)

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Submitted by linuxgeek on 11/27/2012

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