Stoplight, an Austin, Texas — based enterprise API lifecycle company, raised $3.25m in seed funding.
The round, which brought total funding to date to $4.65m, was led by Bill Wood Ventures, with participation from NextGen Venture Partners, Next Coast Ventures, Social Starts, and Capital Factory.
The company plans to use the funding to double its engineering team.
Led by CEO Marc MacLeod, Stoplight has built an enterprise-grade modular enterprise API tool kit that enables efficient workflows. With over 500 paying customers, including large enterprises, the company is seeing significant traction, particularly in the finance and healthcare sectors.
Stoplight also announced the hiring of Brian Rock as Director of Engineering. He most recently served as Director of Engineering and Automation Product at Austin-based Applause.