Starfish Ventures Invests $2.0M in Australian Email and Web Communications Company Atmail
PEREGIAN BEACH, AUSTRALIA, Nov 19, 2012 (MARKETWIRE via COMTEX) --
-- 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 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
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+61 457 037 788
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