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

Exclusive Webshow

Best-selling author Mitch Albom on his first nonfiction work since "Tuesdays with Morrie." Watch Now

Latest News
News in Pictures
Scroll Left Scroll Right
Connect with CBS News

Stay connected with the CBS News using your favorite social networks and online news applications: