San Francisco – Mashery, a provider of API management tools
for Web and mobile application developers, said on Thursday that it has raised
$11 million in new funding, led by OpenView Venture Partners.
Previous backers
Cisco, Formative Ventures, First Round Capital and .406 Ventures also
participated.
Founded in 2006, San Francisco-based Mashery provides on-demand
API infrastructure enablement and management for over 100 brands, including
Best Buy, Netflix and The New York Times.
The company counts a network of more
than 100,000 developers.
Mashery will use the funds for additional product
development, and to expand sales and marketing in key vertical markets.
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