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Posterous Picks Up New Venture Capital Financing

Tuesday, March 09, 2010 5:36:00 AM PDT | VentureDeal Staff

San Francisco, California  --  Internet technology company Posterous has raised $4.4 million in a new round of venture capital financing.

Posterous has created online technology that allows people to put anything on the Internet using their e-mail application.

Investors in the round included Redpoint Ventures, Founder Collective, Trinity Ventures and XG-Ventures.  The company said it would use the investment to fund its continued expansion.

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