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News and Information Article
CertifiedEmail Service Fuels Growth With Investment From SoftBank Capital
and Addition of Industry Veteran Eric Hippeau
MOUNTAIN VIEW, Calif., Dec. 5 // -- Goodmail Systems, Inc.,
creator of the CertifiedEmail service for trusted, assured email delivery,
announced that it has secured $12 million in venture funding in a round led
by new investor SoftBank Capital. SoftBank managing partner Eric Hippeau
will join Goodmails existing board of directors. SoftBank was joined in
the round by previous investors DCM and Emergence Capital Partners.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060531/NYW044LOGO )
Goodmails CertifiedEmail provides a unique means of signaling email
legitimacy and safety to recipients while providing accredited volume
senders a secure, trusted channel of communications with their existing
customers. Known for unique blue-ribbon envelope icon indicating a
CertifiedEmail message, the service was launched with the support of major
ISPs including AOL and Yahoo!
"SoftBanks investment in Goodmail Systems is based on the increasing
dependence on email as a vital communications medium and the critical need
for a technology that renews trust, restores email message integrity, and
assures delivery of important messages from legitimate senders," said
Hippeau. "Over the years, as spam and phishing have proliferated, the
reliability and integrity of email communications has suffered. By offering
a unique, trusted- class of email, we believe CertifiedEmail provides a
compelling and comprehensive solution to the benefits of all of us who rely
on email everyday."
Hippeau recognized the growing trend of online media early. Under his
leadership of Ziff-Davis, ZDNet became a successful example of how strong
online business models could evolve from traditional content businesses. As
chairman and CEO of Ziff-Davis, he was instrumental in Softbank, Inc.s
first investment in Yahoo! in 1995 and also involved in most every other
investment made by Softbank, Inc. in the U.S.
"We are extremely pleased to add the experience of Eric and SoftBank to
the Goodmail team as we fulfill our mission to restore trust in email
communications," said Richard Gingras, chairman and CEO of Goodmail
Systems. "This investment enables us to expand our market presence, grow
our customer base and educate email recipients about the security and
safety benefits of CertifiedEmail."
Goodmail supports the delivery of trusted email between businesses and
organizations with the best email practices and recipients who today
require a greater level of assurance in the legitimacy and safety of email.
Each CertifiedEmail message is sent with a unique, cryptographically-secure
token that authenticates the email and is presented in the email interface
with a special blue-ribbon trust icon. Senders that use the CertifiedEmail
service obtain assured delivery to the server-level inbox with all email
links and images presented intact as default.
Hippeau joins Goodmails existing board, which includes Dixon Doll, co-
founder and general partner of DCM; Jason Green, a founder and general
partner of Emergence Capital Partners; former @Home executive Don
Hutchinson; Scott Kurnit, founder and former chairman and CEO of About,
Inc.; and Gingras.
About SoftBank Capital
SoftBank Capital is an independent venture capital firm focused on
high- growth, technology-based businesses benefiting from the rapid
deployment and adoption of broadband and mobile technologies. Through its
current fund, SoftBank Capital Technology Fund III L.P., the firm has
invested to date in Anystream, Associated Content, Aequus Technologies,
Beliefnet, The Huffington Post, Insider Pages, LiteScape Technologies,
Nellymoser, The NewsMarket, Perpetual Entertainment, Pivot Solutions,
PureVideo, Thumbplay, V-Enable and Voxant. For more about SoftBank Capital
see http://www.softbank.com.
About DCM
DCM is a top-performing venture capital firm supporting entrepreneurs
building early-stage technology companies. DCM partners manage more than
US$1.5 billion and have funded leading technology companies including
2Wire, 51job, @Motion (Openwave), About.com (The New York Times Co.), All
About, Dang Dang, Foundry Networks, HireRight, Internap, IPivot (Intel),
JCI, Kabu.com, nQuire (Siebel), PGP Corporation, Recourse Technologies
(Symantec), Sigmatel, SMIC, UUNet (MCI), Vimicro, and Worksoft. DCM offers
hands-on operational guidance and access to an extensive network of
resources, including close relationships with many of the Pacific Rims
leading companies and investors. For more information, please visit DCMs
website at http://www.dcm.com.
About Emergence Capital Partners
Emergence Capital Partners is a leading venture capital firm serving
early and growth-stage companies. Emergence Capitals mission is to build
future market leaders who create innovative, high growth technology-enabled
service businesses. The Emergence team has a proven track record of
founding, investing and actively helping portfolio companies, with over 50
years of combined venture and operating experience at leading venture
capital and technology firms such as Venrock Associates, U.S. Venture
Partners, St. Paul Venture Capital, IBM and Salesforce.com For more
information see htpp://www.emcap.com.
About Goodmail Systems
Goodmail Systems CertifiedEmail service is the only system of its kind
that assures delivery of opt-in email with all links and images
automatically rendered intact. Developed to restore trust between volume
senders and individuals, CertifiedEmail imprints messages with
cryptographically secure tokens that vouchsafe email authenticity and
legitimacy. Available only to senders meeting strict standards for best
email practices and low complaint rates, CertifiedEmail messages are
presented to users with a unique blue- ribbon icon, providing a measure of
security against phishing. Recent case study data from the largest email
marketers and financial senders show click- through rates as much as 32
percent higher and email business results (logins, sales) improved by up to
30 percent. CertifiedEmail is supported by leading mailbox providers such
as AOL and Yahoo! as well as a wide network of industry leading email
platforms, security solutions, and email service providers. For more
information, please visit http://www.goodmailsystems.com.
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