Stamps.com
Stamps.com is a brand and the former corporate name of Auctane, an American company that provides Internet-based mailing and shipping services. Until its acquisition by Thoma Bravo, Stamps.com was a public company traded on the NASDAQ exchange under the symbol STMP. The company's main offices are located in El Segundo, California. History Founded in 1996, Stamps.com was created under the name StampMaster by Jim McDermott, Ari Engelberg, and Jeff Green, who at the time were MBA graduate students at UCLA. StampMaster was among the first companies to obtain approval from the United States Postal Service for beta testing and introducing Internet postage to the market. The Postal Service began announcing proposals for digital delivery of postage in 1996. Stamps.com finished its Series A funding in February 1998 with $1.5 million. Series B funding followed in August 1998 with $4.52 million. It had its last round of private financing in February 1999, generating an additional $30 million from investors including former Postmaster General, Marvin Runyon. The company went public in June of the same year and raised $55 million in its IPO. Less than six months after its IPO, the company had its secondary public offering. In August 1999, the Postal