Tyk Technologies Ltd, a London, UK- and Singapore-based API management platform, raised £4m in Series A funding.
The round was led by MMC Ventures.
The company intends to use the funds to accelerate its expansion into the US and grow the teams in EMEA and APAC with more engineers.
Led by Martin Buhr, Co-Founder and CEO, Tyk provides an API management platform that allows companies to share data securely with third parties, allowing them to sell their services through non-direct channels.
The API gateway and management platform serves as a management and security layer between APIs, to make it easier for businesses to harness their power on a huge scale. Product acts as a security layer between the organisation’s API and those who require access to it.
Engineering teams use solutions to build web platforms and create value across the retail, finance, telecoms, healthcare, media, and public sectors.
The client roster includes Starbucks, Domino’s, Sephora and the UK Ministry of Justice.
Tyk will be opening an office in Atlanta this summer to add to the Singapore office opened in 2017.