High-tech mail service raises $30M - Baltimore Business Journal:

http://look4martialarts.com/user_detail.php?u=mexhoallytelt
, which raised the cap­ital from Silicon Valley-basedc and existing investors, offers high-volumse corporate mailers expedited deliver y of mail and small packageswith first-class speed, onlinee tracking, real-time analytics and customized reporting. MailExpress uses its nationwidwe processing and logistics network to deliverd mail and small parcels nationwide in three days two days for regional service leveragingthe U.S. Postalk Service (USPS) for the “last of delivery.
The MailExpress option fits between courier servicez suchas (NYSE: UPS) and first-class USPS said Frans van managing partner at Logispring, a first-round investor in “Something that has the track-and-trace, guaranteed delivery,” van Schaikj said, “without paying $30 because you want it there next New York-based Logispring invested in MailExpress because it was “fairl y confident that the combination of the technologg and the business model was really addressint a need that was largely unserved,” van Schaik MailExpress CEO was not made available for an In a statement released Frida y afternoon, Moss said in a statement: “We’re prouds of how far we’ve come and how fast we’vw grown since our initial fundinf in September of 2005.
" The company counts amonb its customers "more than 90 blue chip in the pharmacy benefitd management and e-commerce the statement read. "With this additiona l infusionof capital, we’re able to buils on these accomplishments by keeping our foot steadilt on the accelerator as we continue to rapidly scaled our business,” Moss said. Menlo Park, Calif.-based Lightspeede Venture Partners manages morethan $2 billionm of capital commitments and closed an $800 milliojn fund in early 2008.
Portfolio companies include and MailExpress founders, the company said, pioneerexd the expedited mail industry in the mid-1990s with SmartMail SmartMail, acquired by DHL Worldwide Network SA in now competes with MailExpress. Atlanta-based UPS is a too. Since launching in 2005, MailExpress has been on a growtbspurt — employment spiked from about 70 in 2006 to more than 400 last MailExpress, which serves retail, health care, financial services and other provides a customized mail service for large companiew that want to send direct marketingt pieces, annual reports, brochures, pharmaceuticals and otherf mail.
A Web-based system, callerd OnTrack, automates and tracks the process and controls theprocessinhg centers. It then routes the mail to the USPS to bedeliverefd locally. MailExpress’ processing centers sort to more than 200 USPS facilitiex daily and deliver mail into its local market within 24 hourse oforigination processing. The compant said it scans each piece of mail beforwe it enters the mail stream and identifie smisaddressed mail. Between 2 percentf and 4 percent of all mail is either misroutexor undeliverable, which hurts cash flow and customer MailExpress said, citing industry A typical delay for a misrouted first-clasas package is up to 21 days.
“Ouf process detects misaddressed mail, corrects it and upgrades its priorituy to meet the delivery time of one tofive days,” accordin g to the company’s Web site. “This reducesd costs for misrouted mail and ensures that servics to your customer is not MailExpress also claims toreduces re-ship rates for businesses and high-volums shippers by up to 50 perceny over the competition. MaiExpress enables better productivity, throughy software and technology, said Page Siplon, directore of the Georgia Center of Innovationfor “Every letter or piece of marketing material that doesn’t get to a customerf is wasted money,” Siplon said.
“If you’re not reaching your customers, you’re not selling your