Postman, a San Francisco, CA-based platform for API development, secured $150m in Series C funding round.
The round, which valued the company at $2 billion, was led by Insight Partners, which joined previous investors CRV and Nexus Venture Partners.
The company intends to use the funds to continue to expand operations and its business reach.
Led by CEO and co-founder Abhinav Asthana, Postman provides an API Platform for users to accelerate their pace and effectiveness of software development. The solution enables the building of APIs at the very beginning of the development cycle and collaboration between all stakeholders like product management, DevOps, and quality engineering. It is used by more than 11 million developers and 500,000 companies worldwide. The compamy also has an office in Bangalore, where it was founded.
FinSMEs
11/06/2020