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From The Free On-line Dictionary of Computing (05 January 2017) [foldoc]:
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)