Source : Free On-Line Dictionary of Computing

Sendmail Inc.
     
         The company, announced in November 1997 and launched
        in March 1998, created by {Eric Allman}, the original author
        of {Sendmail}.  Allman is Chief Technology Officer, {Greg
        Olson} is President and CEO.
     
        Sendmail Inc. will sell commercial upgrades, service and
        support to {Internet Service Providers} and corporations
        running critical {e-mail} applications, while still continuing
        {freeware} development.
     
        {Sun Microsystems} founders {Bill Joy} and Andy Bechtolscheim
        are among the investors in the company, along with Tim
        O'Reilly of publishers O'Reilly & Associates and John Funk of
        e-mail company {InfoBeat Inc.}.
     
        Allman said that he devoted the fist six months of the life of
        Sendmail Inc. to finalising the freeware release.  A
        commercial version was due in summer 1998, at around $1000 per
        server.  The company is expected to reach $40m annual sales
        within three years.  Funding is in the region of $1.25m.
     
        {Home (http://www.sendmail.com/)}.
     
        Address: Emeryville, California, USA.
     
        (1998-08-25)