Add-on Acquisition • Internet Software and Services

SendGrid Acquires Bizzy

On March 7, 2017, SendGrid acquired internet software and services company Bizzy

Acquisition Context

This is SendGrid’s 1st transaction in the Internet Software and Services sector.
This is SendGrid’s 1st transaction in the United States.
This is SendGrid’s 1st transaction in California.

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M&A Deal Summary
Date	March 7, 2017
Target	Bizzy
Sector	Internet Software and Services
Buyer(s)	SendGrid
Deal Type	Add-on Acquisition

Target Company

Bizzy

Sunnyvale, California, United States

Bizzy, Inc. is an email marketing automation platform that helps e-commerce businesses to optimize their email campaigns.

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Buyer Overview 1

Buyer

SendGrid

Denver, Colorado, United States

Category	Company
Founded	2009
Sector	Internet Software and Services
Employees	384
Revenue	80M USD (2016)

DESCRIPTION

SendGrid, Inc. is a digital communications platform enabling businesses to engage with their customers via email reliably, effectively and at scale. A leader in email deliverability, SendGrid has processed over 45 billion emails each month for internet and mobile-based customers as well as more traditional enterprises. SendGrid, Inc. was formed in 2009 and is headquartered in Denver, Colorado.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Internet Software and Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: California	1 of 1
Country: United States	1 of 1
Year: 2017	1 of 1

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