RapidAPI raises $25M more to expand its API marketplace

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Less than a year after raising $25M led by Microsoft for its take on building API marketplaces, RapidAPI has rapidly followed that up with another infusion of capital as it reaches 20,000 APIs tracked, integrated, and used across its marketplace by millions of developers. Today the startup is announcing that it raised another $25 million from existing investors Andreessen Horowitz, DNS Capital, Green Bay Ventures, M12 (Microsoft’s Venture Fund), and Grove.

This is a second closing of RapidAPI’s Series B, which we first wrote about last year, bringing the total for the round to $50 million and $62.5 million overall.

Read more    Source: techcrunch.com

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