Email Developer PowerInbox raises $6.5m

March 30, 2016 | Real-time, personalized email technology provider PowerInbox has closed a $6.5 million Series A Round financing round led by Battery Ventures, Genesis Partners and new investor Maverick Ventures, with participation from previous investors as well. The funding is being used to accelerate the growth which PowerInbox experienced in 2015, when the company saw an increase of 700% in emails where PowerInbox code was inserted, 1,400% growth in impressions and 2,000% growth in revenue. The company is now embedded in over 2.5 billion emails sent a month from over 500 email newsletters and optimizes over 30,000 different pieces of content per day. New York-based PowerInbox merged with Israeli company ActivePath in 2012 and maintains offices in Petah Tikva, which will be expanded following the latest financing round. During 2015, PowerInbox added over 100 new clients such as Hearst, Edmunds, Sephora, General Motors, MSG, Showtime, HBO, and others to its DynamicMail email marketing solution and CNN, ABC, Wiley, Bonnier, Beyond, New York Magazine, Bauer, Myspace, and others to its RevenueStripe content recommendation solution. DynamicMail is ESP agnostic and works across all devices and email services.