SendGrid, a leading cloud-based provider of email services, has a goal to send one billion emails per day. That's 10x the100 million emails already sent out daily, or 1300 per second. One way to reach that goal is to be everywhere developers are, said Jim Franklin, CEO of SendGrid, in our interview. And, the timing of that goal? Franklin predicts by 2014.
This past January, Boulder, Co-based SendGrid announced that it raised $21 million in a Series B round of funding, led by Bessemer Venture Partners, with existing investors Foundry Group, Highway 12 Ventures, SoftTech VC, 500 Startups and Bullet Time Ventures also participating. The round was the newest capital infusion since SendGrid raised $5 million in April 2010, which followed its first round of $750,000.
Watch our interview in which Franklin talks about when he expects to hit the one-billion milestone, how he plans to get there, how the company is doing financially, and why companies like Pinterest (a SendGrid customer) is helping to drive massive growth.