Email marketing service provider MailChimp announced last week a new $1 million dollar fund for startups building products that integrate with the service's MailChimp API. MailChimp's program is somewhat unique in that they won't be asking for equity from the companies they fund. It's a pretty attractive deal for prospective partners and a trail-blazing move for a platform in an increasingly competitive industry.
TigerText, secure mobile messaging platform, announced a $21 million second round of funding. The new funding will be dedicated to growth and further development of the TigerText API. The API focus will concentrate on integration with EHRs, PACs, and laboratory information systems. TigerText CEO, Brad Brooks, believes that secure messaging is moving towards a new era. Instead of a compliance tool, Brooks believes secure messaging will soon be considered a value add.