Mashery, a San Francisco-based provider of API (Application Programming Interface) management tools and services, has raised $11m in funding.
The round was led by OpenView Venture Partners, with participation from existing investors Cisco, Formative Ventures, First Round Capital and .406 Ventures.
The company intends to use the funds to broaden its current offering as well as to expand sales and marketing activities in key vertical markets.
Led by CEO and Co-founder Oren Michels, Mashery provides on-demand API infrastructure enablement and management for over 100 brands in key verticals like media, retail, travel, business services, geo-local services and finance.
Founded in 2006, the company has served clients such as Best Buy, Netflix, and The New York Times, among the others.
FinSMEs
05/05/2011