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Apigee Raises $7M

2011-12-29
PALO ALTO, CA, Maker of API products and technology for developers and companies has added $7 million in fresh capital, according to a filing with the SEC.
Apigee Corp., a maker of API products and technology for developers and companies, has raised $7 million in capital, according to a regulatory filing. The company is backed by Norwest Venture Partners, Bay Partners, SAP Ventures, Juniper Networks, Net One Systems and Third Point Management Company. 18 separate investors participated in the offering.

Apigee is the leading provider of API products and technology for enterprises and developers. Over 250 enterprises like Comcast, GameSpy, TransUnion Interactive, Guardian Life and Constant Contact and thousands of developers use Apigee's technology. Enterprises use Apigee for visibility, control and scale of their API strategies. Developers use Apigee to learn, explore and develop API-based applications.
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