Mailgun Raises $50 Million and Spins Out From Rackspace

Mailgun, an email startup, spins out of San Antonio-based Rackspace and announces it has raised $50 million. Mailgun, based in San Antonio has offices in Austin and San Francisco. Turn/River Capital led the investment round with participation from Scaleworks and Rackspace. The company plans to use the money to accelerate product development and expand customer […]

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