Mashery Raises $10M

 

http://pandodaily.com/news/mashery-raises-10m

By Nathaniel Mott

Mashery has raised $10 million in a new funding round led by OpenView Venture Partners, joined by existing investors Cisco, Formative Ventures, First Round Capital, and others. CEO and Co-founder Oren Michels said “the traction we are leading for the industry confirms that APIs have crossed over from a software component to a core strategy of how companies do business in the post-website era. This investment and continued partnership with OpenView and our other investors will allow us to pursue API management as a business tool necessary for companies to scale.”