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.