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July 23, 2012 05:52 pm GMT

API Management Platform Mashery Closes On $10 Million, Doubles The Number Of Mashery-Powered Apps

mashery_from_epsIt was just over a year ago that API management company Mashery was touting its $11 million Series D. Today, the company is announcing $10 million in new funding, led by OpenView Venture Partners, with participation from existing investors Cisco, Formative Ventures, First Round Capital, and .406 Ventures.As a reflection of the growth of web-based businesses, the number of developers using Mashery's service has been booming. In 2010, there were just 35,000 developers in Mashery's network. A year later, there were 100,000. And today, Mashery says its network now has 160,000 members.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/P2bVNWXNSR4/

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