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February 22, 2007

Turning snail mail into e-mail

Posted by Tricia Duryee at 5:13 PM

Seattle-based Document Command said today it raised $2.84 million in debt, or convertible notes.

Document Command makes a product called Remote Control Mail, which allows people to access their postal mail online.

The financing comes from members of the Keiretsu Forum and corporate strategic partners. The notes are expected to convert into a round of capital by June when the company expects to raise up to $10 million.

The funding will help the company roll out its services to customers. It said its service is already in use by businesses and individuals in more than 80 countries.

The Remote Control Mail works because it receives the mail each day, scans the outside of the sealed envelopes and presents this image to the customer online. The customer then determines whether to have the mail opened and scanned, shredded, recycled, transferred elsewhere, or forwarded.

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Tricia Duryee
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