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SendGrid Now Delivers One Percent of Global Email, Hits Seven Billion per Month

LONDON--(Marketwire - Jan 31, 2013) - SendGrid, the leader in email deliverability, announced today that it now delivers more than seven billion emails each month, equating to one percent of global (non-spam) email.* The company also revealed that more than 80 billion emails have been sent via its platform to date.

The majority of these are transactional emails, a vital email segment which is critical to the success of online and mobile applications, as they look to retain and grow their customer bases. SendGrid now has more than 100,000 customers signed up and companies embracing this technology include Spotify, Pinterest, Airbnb and Foursquare.

SendGrid also announced that it is expanding into Europe with new offices in the UK and Germany. These new locations will add to SendGrid's current US operations in Boulder, Denver, San Francisco, New York, and Anaheim.

Jim Franklin, CEO, SendGrid, said: "2012 was an incredible year for us. We hit a number of remarkable milestones including nearly tripling the total volume of emails we delivered year over year and the volume we deliver monthly. We're expecting very strong growth for 2013."

"SendGrid is now used by some of the top brands in the United States," continued Franklin. "Demand for our platform from international markets has been on a steep and steady increase for some time and we've now reached the stage where expanding our physical presence into Europe just makes sense. We'll be a much more visible presence on the conference and events circuit in Europe in the coming months."

About SendGrid
SendGrid is the leader in email deliverability. SendGrid's cloud-based platform increases email deliverability, provides actionable insight and scales to meet any volume of email, relieving businesses of the cost and complexity of maintaining custom email infrastructures. The email delivery platform of choice for 100,000 web application companies and developers, including foursquare, Pinterest, Airbnb, Twilio, Spotify and Pandora, SendGrid delivers more than 7 billion emails per month. Founded in 2009 and based in Boulder, Colo., SendGrid is backed by Foundry Group, Highway 12 Ventures, Bessemer Venture Partners and several notable individual investors. For more information, visit www.sendgrid.com.

Radacati Group Study: "Email Market, 2012-2016", released December 2012: http://www.radicati.com/wp/wp-content/uploads/2012/10/Email-Market-2012-2016-Executive-Summary.pdf

* 86% spam number comes from Cisco IronPort SenderBase Security Network: http://www.senderbase.org/home/detail_spam_volume