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Mashape gets $18M in series B funding to help further the API revolution

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3/24/2017 10:04:00 AM
Mashape gets $18M in series B funding to help further the API revolution
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Posted Friday, March 24, 2017 by Christian Hargrave, Assignment Editor


Mashape gets $18M in series B funding to help further the API revolution
Mashape has announced that they have achieved a company milestone as they close a $18M Series B funding round, led by Andreessen Horowitz, a venture capital firm, with previous investors CRV and Index Ventures participating. The funding round, according to Mashape, "represents all the hard work by the team, our dedication to building the best and most open API Gateway for the enterprise, and Kong going mainstream around the world."
 
This financing will allow them to hire and grow engineering, support, marketing, and sales to continue their mission of brokering software, one HTTP call at a time. In addition to the financing, they are also excited to highlight their recent release of Kong 0.10 with load balancing, service discovery, WebSockets, and AWS Lambda support.
 
Kong core will always remain open-source, and new, exciting features will land in the years to come. The community and ecosystem have expanded rapidly in the recent months, and Mashape now has the resources needed to nurture and support the Kong around the world.
 
While further developing Kong open source, it also accelerates the development of advanced features for large teams and organizations in need of SLAs, monitoring, on-boarding, security, machine learning, RBAC, high availability, and multi-region scale for an enterprise-grade platform, delivered both on-prem and in the cloud.


READ MORE: https://mashape.com/...




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