APIContext announces the closing of a $500,000 Seed round led by Bain Capital Ventures. This is the first funding issued through Bain’s new seed program.
“APIContext redefines the way that the enterprise views and values its API resources,” said Salil Deshpande, managing director, Bain Capital Ventures. “And the APIContext technology and business model offer a unique and economical way for enterprises, developers and platform vendors to ensure that critical APIs are performing as designed.”
“Being the first company to be funded by Bain Capital Ventures’ seed program validates our viability and market approach,” said David O’Neill, CEO of APIContext.
“Today’s IT managers need not just visibility into APIs across complex platforms, but the analytics that deliver actionable intelligence to back API performance. This capital will allow us to increase the speed of our development and growth in 2015.”
Check out the full article on GeekWire – http://ow.ly/JdHup
