Postmaster Seeded With $600K

Austin-based Postmaster, which develops simple, programming APIs for connecting into Fedex, UPS, and USPS, and helps to manage a consistent way to handle shipment notifications, tracking, address validation, and more, has raised $600,000. The firm said the funding was led by Capital Factory, Cloud Power and Zelkova Ventures, and a consortium of angels. Postmaster, which was part of TechStars Cloud in San Antonio, announced the funding along with a partnership with regional carrier Lonestar Overnight. The company said the funding will go to crow its team, build out its service, and scale up the company. More information »