MessageGears Raises $2.75 Million In New Financing

MessageGears, a provider of email software services, has raised $2.75 million in new funding, according to media reports.

The company’s existing investors, Covalent Interests and Hallett Capital, led the Series B financing. However, the funding round is not yet closed, and about $499,998 remains to be raised, Finance News Daily reports.

The firm is set to hire 100 new employees, according to Atlanta Business Daily.

The company filed an SEC form D on Friday, signed by CEO Roger Barnette.

MessageGears serves consumer brands such as Expedia, Booking.com, and Runkeeper. It sends more than a billion email marketing messages per month.

The firm secured $2.3 million in Series A funding in June 2016, and in November 2016 hired Barnette as CEO. In May of this year, the company was named as one of Atlanta’s top 100 fastest-growing companies by Atlanta Business Chronicle.

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