Terms of the deal were not disclosed, though the deal represents a win for angel-backed Enroute.
Enroute was founded eight years ago by Keith McCall, a veteran entrepreneur who previously founded Azaleos, a Seattle company that sold to Avanade in 2012. A former Microsoft and IBM employee, he built the company with little outside financing.
The company raised $1.25 million in 2013, bringing total funding to $3.25 million at the time. McCall declined to go into specifics on the deal with Pitney Bowes, but he described the outcome as “positive.”
“Although our business gathered quite a few marquee named customers, the opportunity to grow Enroute requires a sales force that understands how to sell enterprise solutions and technology that complements and extends our solution to support the international market opportunity,” said McCall in an email to GeekWire. “The best fit for that was Pitney Bowes, and the best timing is right now.”
In a press release, McCall added: “To be part of a company that embraces the intersection between the digital and physical worlds of commerce creates very exciting opportunities for innovation and growth.”
Based in Stamford, Conn., Pitney Bowes is valued at $3.67 billion. The company, which original started as a maker of postage meters, was started in 1920, and went public in 1950. It has recently expanded into areas such as location-based services, enterprise software and e-commerce solutions.
Enroute employs nine people at the Pioneer Square location, and they will all stay on board as part of the acquisition.