Critical Path, Inc. Raises $33 Million in Second Round of Funding; Transaction Ranks as the Largest Single Equity Financing by a Private Internet Email Company.

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Critical Path, Inc. Raises $33 Million in Second Round of Funding; Transaction Ranks as the Largest Single Equity Financing by a Private Internet Email Company.

SAN FRANCISCO--(BUSINESS WIRE)--Jan. 12, 1999--Critical Path, Inc., a leading provider of business-to-business email service solutions, today announced it has raised approximately $33 million in equity funding from key corporate customers, venture capital firms, and an investment bank.

Over the past 12 months, the company has raised a total of $42 million, to support its outsourced email services.

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