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Synopsis
Insight Partners, a New York-based global private equity and venture capital firm, led a $130m Series D round in Apollo GraphQL, a pioneer in the use of open source and commercial GraphQL API technologies, with participation from Andreessen Horowitz, Matrix Partners, and Trinity Ventures. "The Graph is a developer-driven movement to change how companies build software, and Apollo is leading in supporting application developers, the primary value creators in software. Every company will need a graph strategy to keep pace in the digital era the same way they need a cloud strategy. This round is a win for all application developers, who can expect increased support for our open source community, as well as our forward-looking customers," Geoff Schmidt, Apollo GraphQL CEO.
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