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September 27, 2007

Mashery Flashes New Clients And Funding

To our mind APIs are driving the new Web economy. Web 2.0 endocrtination etols AJAX, openness, fremiums, and RSS but where would we be without Web APIs? It's hard to imagine that there are many new web business plans to do not include either grabbing or publishing APIs. Probably the biggest splash in tech this year came when Facebook opened its APIs.

So its no surprise that Mashery is trying to build a business by processing and quantifying APIs. San Francisco-based Mashery announced today that it has secured an undisclosed amount of new funding from Formative Ventures and The Accelerator Group, as well as additional funding from First Round Capital.

Mashery also announced some new customers including: FreeWebs, ZoomInfo, JamBase, and Thumbplay.

As Web APIs proliferate, there will certainly be a need for a company traffic cop this intersection and Mashery is well positioned as an independent force.

Read - announcement

Posted on September 27, 2007 06:00 PM | Posted to Web 2.0 | Permalink

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