3scale Raises $4.2 Million of Seed Funding
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Sunnyvale, California – 3scale, a Free & Enterprise API management solutions for developers, and companies to securely distribute, control, manage, operate and monetize their API to 3rd parties has raised $4.2 million of seed funding from Javelin Venture Partners and Costanoa Venture Capital.
“As products and services we rely on for our daily lives—from travel info to e-commerce, thermostats to elevators—increasingly connect to internet applications through machine-to-machine interfaces, the need for robustly managed API’s becomes critical,” noted Noah Doyle, Managing Director of Javelin Venture Partners.
The new capital will be used in expanding the services of the company’s API solution and also for reaching to new customers in the global market.
Funding Total: $4,200,000
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|Investors: Javelin Venture Partners, Costanoa Venture Capital|