Westlake company snags $8M in capital
Zumbox has raised an $8 million round of capital for its quest to make mail paperless nationwide.
The company, which has 28 employees at its Westlake Village headquarters, wants to draw consumers in with a digital mailbox offering that’s more secure and less spammed than e-mail and, most importantly, tethered to a street address.
The investment, announced Aug. 24, brings in some big names: Michael Eisner, the former chief of Disney, and Rick Braddock, head of online grocer Fresh Direct and former chief executive at Priceline.com, both put money into the round.
The full version of this article is only available to print subscribers. To view everything the Business Times offers, see this week’s print version or SUBSCRIBE to the print edition for $49.99 today.