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MailExpress Raises $30 Million New Venture Capital

Tuesday, June 30, 2009 5:38:00 AM PDT | VentureDeal Staff
Atlanta, Georgia  --  IT company MailExpress has secured $30 million in its fourth round of institutional venture capital financing.

MailExpress provides high-volume corporate expedited mail for small parcels and non-letter-size mail.

Lightspeed Venture Partners led the round, which also included CMEA Ventures, Logispring Management Company, XAnge Private Equity and Adams Street Partners. The company did not disclose how the funding proceeds would be used.

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