Postman, it is the leading platform for API development in San Francisco. Postman funded $150 million Series C investment, bringing its valuation to $2 billion. The Series C round, led by Insight Partners, is Postman’s most significant funding round to date. Insight Partners joins existing investors CRV and Nexus Venture Partners in this round.
APIs are the primary building sections of all modern connected software. The Postman API Platform helps them accelerate their pace and effectiveness of software development.
Postman is dominant in the shift to an API-first approach. Building APIs at the start of the development cycle and participating between all shareholders like product management, DevOps, and quality engineering.
By Enterprise Strategy Group, companies applying the Postman API Platform display vast improvements to API development, participation, and testing. These improvements include API development that is five times faster, an engagement that is ten times more effective, and the ability to find bugs four times faster.
According to Jeff Horing, the co-founder and managing director of Insight Partners, the significant point that is why they lead the investments is the combination of the market opportunity and the management team. Postman’s proven that, and they show they are ready to become the software industry’s next great success.
Postman has more than 11 million users, and as that number has grown, they have occupied in a remarkable dialogue along the way. Their clients tell them all the concern points in an everyday situation and what is not working.
They are working hard to do right now is new features and improvements because they want to help their clients to build high-quality APIs and, at the same time, realize the promise of faster software development with fewer bugs.
With this new investment, they will accelerate their product development design and engineering around the world. It will also fund the resources for its community through webinars and by distributing instructional materials.
By: K. Tagura
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