Jun. 30, 2008

Mashery Raises $2 Million More For Web APIs

(PaidContent.org)  This story was written by Joseph Weisenthal.
Mashery, a provider of tools to help companies build APIs and open up their content, has raised $2 million from .406 Ventures, Marc Benioff, CEO of Salesforce.com, and past backers First Round Capital and Formative Ventures. The SF-based company last raised an unspecified amount last September. Given all the hoopla over making content open and available via APIs, the company sits in a hot area: it claims its revenue is up 500 percent this year, though it's not offering any figures. Customers include Reuters, Trulia, LinkedIn and Lonely Planet. Release.



By Joseph Weisenthal
Copyright © 2008 paidContent.org

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