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💰 RapidAPI Raises 150 M💲 "to Empower Developers" (and why and how we're in)

❔ About

Back in August 2019 I started to use RapidAPI.com for personal Open Innovation (Heroku hosted) API related side projects :

Everything You Always Wanted to know About API Monetization* (*But Were Afraid to Ask)

I could not remember how many times my mom asked: "Why don't you get money on all the work you did on spare time ? All your homework did even not pay you a single coffee !" And then..

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These side projects helped me to learn a lot about API monetization... and pretty soon I started to dream about deploying that kind of technology at an Organizational Level, at OPT-NC.

👉 So we started to deliver public Docker images 👇

🛍️ Shopping for developers : the Marketplace

Finally we were ready to showcase APIs on our marketplace :

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🌟 Benefits

That helped us a lot to explain how :

  • To monetize APIs
  • Structure APIs endpoints and data to be ready for its cloud usage, since the beginning of the project
  • APIs documentation can or should be released
  • Drastically decrease Time To Market, especially on innovation projects
  • To promote APIs with demos & interactive integrations
  • Impact internal culture by showcasing around APIs with Spotlights
  • Talking and promoting popularity and public availability and performances metrics
  • Worldwide Testing strategy and Test Analytics plans
  • Increase internal innovation speed in our own organization

🤵 Iddo Gino (Founder and CEO)

Iddo Gino (Founder and CEO) :

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📺 Ido's interview

Listen to this short interview as it explains very clearly how API strategy matters and why any Digital Organization should feel concerned to develop its services in a very efficient way :

RapidAPI Raises $150 Million to Empower Developers to Innovate and Build Software Faster with APIs

API platform RapidAPI recently became a unicorn with a $1 billion valuation after raising $150 million in a Series D funding round led by Softbank Vision Two Fund. Microsoft's Venture Fund, M12, and Andreessen Horowitz also participated. RapidAPI says it provides the world's largest API hub which enables millions of developers and companies to build software faster. Iddo Gino, founder and CEO of RapidAPI, joins Cheddar News' Closing Bell to discuss.

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💰💰 2022, March : RapidAPI nabs $150M at a $1B valuation

"RapidAPI nabs $150M at a $1B valuation, with its API marketplace now used by 4M+ developers"

RapidAPI nabs $150M at a $1B valuation, with its API marketplace now used by 4M+ developers – TechCrunch

RapidAPI API marketplace now used by 4M+ developers; nabs $150M.

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💰 May, 2020 : RapidAPI raises $25M more

"RapidAPI raises $25M more to expand its API marketplace"

RapidAPI raises $25M more to expand its API marketplace – TechCrunch

Less than a year after raising $25M led by Microsoft for its take on building API marketplaces, RapidAPI has rapidly followed that up with another infusion of capital as it reaches 20,000 APIs tracked, integrated, and used across its marketplace by millions of developers. Today the startup is annou…

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Discussion (5)

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Great article :

What You Need To Know Before Exposing Your APIs

There’s no doubt that APIs are at the core of any digital transformation, but there’s still a lot you need to know about exposing your APIs. 

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