The Free On-line Dictionary of Computing (30 December 2018):

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.

   (http://sendmail.com/).

   Address: Emeryville, California, USA.

   (1998-08-25)