API Management Platform Tyk Raises $35 Million in Series B  

by Kay Aloha Villamor in September 28th, 2021

Tyk, a London, England-based open-source API gateway and management platform that provides on-premises, cloud/multi-cloud, and enterprise, raised $35 Million in Series B.

The round was led by Scottish Equity Partners, with participation, from MMC Ventures, its sole previous investor from around in 2019 after bootstrapping for its first five years.

The fund will be used for hiring, continue enhancing, and expanding the tools provides to users.

Company: Tyk Technologies Ltd

Raised: $35.0M

Round: Series B

Funding Month: September 2021

Leading Investors: Scottish Equity Partners

Additional Investors: MMC Ventures

Company Website: https://tyk.io/

Software Category: open-source API gateway and management platform

About the Company: Tyk (pronounced like "tyke", meaning small/lively child) got its start as an open-source side project first for co-founder Martin Buhr, who is now the company's CEO, Tyk, which has built a way for users to access and manage multiple internal enterprise APIs through a universal interface by way of GraphQL. Tyk is an open-source API gateway and management platform that provides on-premises, cloud/multi-cloud, and enterprise. Tyk is committed to enabling interconnectivity between systems and devices. Tyk was founded in 2014 and is based in London, England with regional offices in Singapore and Atlanta.

Source: https://ca.finance.yahoo.com/news/tyk-raises-35m-open-source-150559055.html



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