SOURCE: Postmaster

Postmaster

May 21, 2013 12:00 ET

Postmaster Closes a $600K Seed Investment Round Led by Capital Factory, Cloud Power and Zelkova Ventures

AUSTIN, TX--(Marketwired - May 21, 2013) - Postmaster (www.postmaster.io), the only smart and simple way to ship, track and save on small parcel shipping, today announced it has raised a seed investment round of $600,000. The round was led by Capital Factory, Cloud Power and Zelkova Ventures, as well as a consortium of angels. Postmaster will use the seed investment round to expand its development team, build additional carrier integrations, and expand its core features and functionality.

Postmaster is addressing a very real problem eCommerce businesses face every day with shipping and order fulfillment. Traditionally, merchants have been required to integrate with each shipping carrier individually, which is time consuming and costly. Because the carriers are siloed, it's difficult to know which shipping carrier and route is best for each package. Postmaster eliminates these challenges by offering merchants a simple REST API, already integrated with UPS, USPS, FedEx, Canada Post and Lonestar Overnight. It keeps merchants compliant with the carriers' label requirements, optimizes the route and cost for every package, and offers powerful tracking, reporting and auditing tools.

"It's been an exciting few months for Postmaster. Since our initial public launch in March, we graduated from TechStars Cloud, have been busy building out our product and onboarding beta customers, and forged an exciting partnership with Lonestar Overnight," said Jesse Lovelace, CEO and Co-Founder of Postmaster. "With this seed round, we can more quickly develop our product, grow our staff, and bring Postmaster to more ecommerce developers and merchants."

"APIs are eating the Internet and shipping logistics is next," said Joshua Baer of Capital Factory. "No programmer wants to integrate with multiple shipping vendors. Postmaster's solution saves time in the short term and saves money in the long term. It's a win-win proposition for any eCommerce site."

For more information or to begin optimizing shipments today, please visit Postmaster at www.postmaster.io, and follow them on Twitter (https://twitter.com/postmaster_io) and GitHub (https://github.com/postmaster).

About Postmaster:
Postmaster simplifies and optimizes the small package shipping process, and takes the pain out of integrating with carriers like FedEx, UPS and USPS. An intelligent, cloud-based platform for SMBs and eCommerce companies, its simple REST API saves time and money throughout the lifecycle of shipping by providing businesses with real-time shipping cost prediction, intelligent routing and service level optimization, detailed shipment tracking, powerful reporting and auditing tools and more. Postmaster is backed by Capital Factory, Cloud Power and Zelkova Ventures, and graduated from TechStars Cloud in 2013. It was founded in 2012 and in based in Austin, TX. For more information, visit www.postmaster.io.

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