Starfish Ventures Invests $2.0M in Australian Email and Web Communications Company Atmail
November 19 2012 - 04:01PM
Marketwired
- Company to take Unified Communications and
Cloud SaaS messaging products to the world
- Used by seven of the top ten Australian ISPs,
plus FedEx, GlaxoSmithKline, NASA and Virgin Atlantic
- Funding injection to grow Australian team,
drive product development, and expansion into the US, Asia and
Europe
Atmail, the Australian based enterprise email and web
communication company, today announced it has secured $2.0M
investment from Starfish Ventures to drive product development,
expand the technical team, and increase its US, Asia and European
focus.
Atmail's proprietary email product is used by over 40 million
paid mailboxes, and 4,500 customers worldwide, Globally, Atmail's
products are used by FedEx, GlaxoSmithKline, NASA and Virgin
Atlantic in the US, Australian ISPs iiNet, Netspace, AAPT, Westnet,
Transact, and Internode, and Malaysia's Yes 4G network.
In October, Atmail successfully launched its Unified
Communications Plus product on Yes 4G, allowing users to make and
receive phone calls through a webmail like interface directly in
the browser. Branded Yes Life for Web, the UC platform provides
customers with a single phone number to be used across all devices,
meaning incoming communications (voice, text, email) are
synchronised and instantly responded to from any device (mobile
phone, tablets, or any desktop computer with a connected web
browser), freeing users from communication medium overload.
Ben Duncan, CEO and founder of Atmail, said, "The funding from
Starfish allows us to grow our team of talented developers which
means bringing our ideas on messaging to market faster. While
Atmail already has a great install-base in the US and Australia,
we'll increase our focus on the US, Europe and Asia, and rolling
out our unified communication product to these regions. Having
worked with many Aussie start-ups and taking them to the world
stage, we see Starfish's experience integral to helping us achieve
this goal."
With more UC rollouts coming and Atmail's recent launch into the
SaaS model with Atmail Cloud, the business is forging ahead with
new opportunities as email options continue to evolve and the
sector becomes increasingly competitive.
Anthony Glenning, Investor Director at Starfish Ventures, said:
"It's pretty amazing when you look at what Atmail has accomplished.
Ben's taken it from a small startup in the Blue Mountains to a
multi-million dollar company with a global presence. It's well
established, with consistent revenues, a stellar client base and an
excellent attitude to continuous improvement. We're looking forward
to working with Ben and his team closely to develop and execute the
company's global growth."
A media pack and images of the Atmail team is available online
at atmail.com/company/press/
About Atmail Atmail develops fixed and
mobile email messaging and collaboration solutions. Products
include: Atmail Cloud Services, Atmail Webmail, Atmail Email
Server, Atmail Email Server Appliance. The company has more than
4,500 customers worldwide, including 1st tier ISPs, Telcos, global
corporations and government agencies. Atmail manages email for more
than 15 million users. For more information, visit www.atmail.com
and www.atmailcloud.com.
About Starfish Ventures Established in
2001, Starfish Ventures is an Australian venture capital fund
manager partnering with high growth Australian technology companies
with global potential. Starfish has over $400M in funds under
management and has made investments in over 60 companies. For more
information, visit www.starfishvc.com
For media enquiries, contact: Rowan Walker Email
Contact +61 7 5641 4990 Sally Gatenby Email Contact +61 457
037 788