Mashape raises $18 million for its API marketplace


Mashape raises $18 million for its API market

Tags: Andreesen Horowitz, CRV, funding daily, Index Ventures, Mashape

Mashape team

Above: Mashape workers

Image Credit score rating: Mashape

Mashape, which gives an open-source software program programming interface (API) marketplace for builders and engineers, launched proper now that it has closed an $18 million spherical led by Andreessen Horowitz.

Mashape Kong, the startup’s core product, permits dev teams to distribute, monetize, deal with, analyze, and devour APIs. “Mashape Kong is the air traffic control of the modern enterprise,” wrote Augusto Marietti, cofounder and CEO of Mashape, in an e mail to VentureBeat. “It manages and orchestrates the disparate array of APIs that make up modern microservices architectures.”

Marietti claims Kong has been downloaded larger than 2 million events by 1000’s of companies. Prospects use Kong for security, analytics, onboarding, monitoring, and entry administration, and pay a six-figure annual subscription for the service. Mashape claims to have 30 enterprise shoppers, along with Rakuten.

Mashape views enterprise service bus (ESB) players like Tibco and API administration companies equal to Apigee as opponents. Marietti moreover refers to totally different companies that current associated microservices that are used to assemble versatile, independently deployable software program program methods.

“A big shift is happening in enterprise software,” wrote Marietti. “A few years ago, most companies were focusing on developing heavyweight monolithic applications. Today, applications are decoupled in smaller pieces built with APIs and open-source tools. New infrastructure tools like Kubernetes, Docker, or Kong are enabling this transition from monolithics to microservices.”

Index Ventures and CRV joined Andreessen on this spherical of funding, bringing Mashape’s full raised as a result of it was based mostly in 2009 to $28 million. The model new money will probably be used to develop additional engineering choices and improve the service to greater companies.

Based totally in San Francisco, Mashape in the meanwhile has 25 workers.

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