Short Take: E-Stamp gains high-tech financing
E-Stamp, which has gained approval from the United States Postal Service to sell stamps electronically and over the Internet, announced that it has received a new round of financing worth $16 million from five companies: Compaq, Microsoft, AT&T Ventures, venture capital company Caanan Partners, and German-based firm Francotyp-Postalia. E-Stamp also announced it will launch beta testing of its product in the San Francisco area this month.
United States Postal Service to
sell stamps electronically and over the Internet, announced that it has
received a new round of financing worth $16 million from five companies: Compaq, Microsoft, AT&T Ventures, venture capital company
Caanan Partners, and German-based firm Francotyp-Postalia. E-Stamp also
announced it will launch beta testing of its product in the San Francisco
area this month.
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