“Why it’s worth watching: Open source code is storming into
information technology shops. Sendmail is poised to convert these
users into paying customers.”
“Burn money: Sendmail got going with $18 million from angel
investors and technology partners such as Sun Microsystems Inc.
founders Andy Bechtolsheim and Bill Joy, Compaq Computer Corp.
Chairman Ben Rosen and Novell Inc. CEO Eric Schmidt. It just
secured an additional $35 million from Morgan Stanley Dean Witter
& Co. in New York and two other venture capital firms.”
“Prior Foundation
Unlike most start-ups, Sendmail inherited a huge installed base
when it formed as a private company in March 1998. Since Eric
Allman developed the Sendmail message-transfer agent at the
University of California, Berkeley, in 1981, literally thousands of
developers have tweaked and improved the code and thousands of
users have made it the basis for storing and forwarding Internet
e-mail.”
Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.
LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.
Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved
Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.