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ShareExchange Buster Grabs $15M
Posted by Mary Jander on January 18, 2007
PostPath, a three-year-old startup with a "drop in" alternative to Microsoft's Exchange Server, has gotten a fresh $15 million to continue its uphill battle. (See PostPath Raises $15M Series C.)
PostPath, which now has roughly $30 million in funding, is set on displacing Redmond in shops that are looking for an alternative to well-publicized drawbacks in Exchange -- while retaining their Outlook clients and other Microsoft apps.
Madness, you say? Can a 60-person company really expect to counter the rising tide of support for Exchange 2007, which is outfitted with a slew of improvements that address past complaints?
Absolutely, says PostPath CEO Duncan Greatwood -- especially since the new funding will enable the firm to add support personnel. "Really, the problems in Exchange's core architecture, having to do with the database and mail transport agent, are still there," he asserts. "Microsoft hasn't really touched those things."
Greatwood's (ex-Virata and Madge Networks) strategy is to add one or two PostPath servers to large networks that may have hundreds of Exchange servers, or put PostPath in place of other email servers in smaller firms.
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