Stamps.com

Founded in 1996,[4] Stamps.com was created under the name StampMaster by Jim McDermott, Ari Engelberg, and Jeff Green, who at the time were MBA graduate students at UCLA.[5][6] StampMaster was among the first companies to obtain approval from the United States Postal Service for beta testing and introducing Internet postage to the market.[18] It acquired Auctane ShipStation, a web-based multi-carrier shipping vendor based in Austin, Texas, in June 2014 for $50 million and up to 768,900 shares of stock.[24] On July 25, 2018, Stamps.com announced another agreement to purchase Metapack Ltd., a London-based company providing delivery management technology to e-commerce retailers and brands.MetaPack will continue to operate as a wholly owned subsidiary led by its current management team with further details of the acquisition to be discussed on August 1, 2018.[29] Stamps.com allows users to print official United States Postal Service stamps and shipping labels for a monthly subscription fee of $19.99.[30] Stamps.com sends customers a digital scale to weigh letters and packages to ensure the correct amount of postage is applied to the piece of mail.[37] Stamps.com settled a $2.5 million consumer protection lawsuit from the State of California in 2015 over free trials that eventually converted into monthly service fees.