
It was just over a year ago that API management company
Mashery was touting its $11 million Series D. Today, the company is announcing $10 million in new funding, led by OpenView Venture Partners, with participation from existing investors Cisco, Formative Ventures, First Round Capital, and .406 Ventures. As a reflection of the growth of web-based businesses, the number of developers using Mashery's service has been booming. In 2010, there were just 35,000 developers in Mashery's network. A year later, there were 100,000. And today, Mashery says its network now has 160,000 members.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/P2bVNWXNSR4/
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