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July 24, 2012 04:00 pm GMT
Well, look at this - only yesterday, API management platform Mashery announced its close of an additional $10 million in Series D funding, and today competitor Apigee is announcing a $20 million round led by new investor Focus Ventures. Also participating in the round were existing investors Bay Partners, Northwest Venture Partners, SAP Ventures and Third Point Ventures. This API business? It's hot.Apigee has been busy this year, acquiring mobile cloud platform Usergrid in January, and just last week picking up the assets and personnel behind the operator-backed Wholesale Applications Community (WAC). It's also powering that new " popping up in mobile photo-sharing apps.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ZDpHT9iOQ9Q/
API Management Heats Up: Apigee Follows Mashery With Its Own $20 Million Round
Well, look at this - only yesterday, API management platform Mashery announced its close of an additional $10 million in Series D funding, and today competitor Apigee is announcing a $20 million round led by new investor Focus Ventures. Also participating in the round were existing investors Bay Partners, Northwest Venture Partners, SAP Ventures and Third Point Ventures. This API business? It's hot.Apigee has been busy this year, acquiring mobile cloud platform Usergrid in January, and just last week picking up the assets and personnel behind the operator-backed Wholesale Applications Community (WAC). It's also powering that new " popping up in mobile photo-sharing apps.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ZDpHT9iOQ9Q/
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