sendgrid
SendGrid Inc., a cloud-based service that delivers transactional emails on behalf of companies, has raised $5 million in Series A funding. Foundry Group led the round, and was joined by seed backers Highway12 Ventures, SoftTech VC, Dave McClure and David Cohen. www.sendgrid.com
Crunch Score: 4.58 (PVC invested $1,000,000)
Rationale:
Scalable and unique product offering with massive traction
Strong team and investors / board
