Announced
Completed
Financials
Sources
Tags
Minority
Completed
United States
Private
Venture Capital
Friendly
Private Equity
Single Bidder
Digital Services
Acquisition
Cross Border
API hub
Synopsis
SoftBank Vision Fund 2, a venture capital fund, led a $150m Series D round in RapidAPI, an API Hub, with participation from Qumra, Andreessen Horowitz, M12, Viola Growth, Green Bay, and Grove Ventures. “Demand for digital solutions and software innovation is increasing rapidly, and without enough developers, the world needs APIs to continue building software. We believe that RapidAPI plays a critical role in supporting the API economy and has demonstrated impressive growth and execution to accelerate developer adoption and supply of APIs. We are excited to partner with Iddo and the team to support their mission to drive modern software development," Nagraj Kashyap, SoftBank Managing Partner.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.