Gravitee, a Lille, France-based leading open-source API platform that enables worldwide developers and business users to build, manage, and monitor their APIs, raised $30 in Series B to accelerate the growth of its API management and security platform.
The round was led by Riverside Acceleration Capital (RAC), with additional support from Kreos Capital and Series A investors AlbionVC and Oxx.
The funding will be used to accelerate the development and go-to-market of the Gravitee API management and security platform to continue delivering full API lifecycle management—from design to management, security, and deployment on a single platform.
The company was recently recognized as one of the 9th fastest growing open-source companies, and with stellar growth rates, the additional funding will further accelerate the overall go-to-market and product expansion.
Company: Gravitee Topco Limited
Round: Series B
Funding Month: September 2022
Lead Investors: Riverside Acceleration Capital (RAC)
Additional Investors: Kreos Capital, AlbionVC, and Oxx
Company Website: https://www.gravitee.io/
Software Category: API Management
About the Company: Gravitee was founded out of Lille, France in 2014 by four cofounders who had been working with French retailers to develop API implementation strategies. Gravitee is the leading open-source API platform, enabling worldwide developers and business users to build, manage, and monitor their APIs. The Gravitee API management platform provides comprehensive tools to manage legacy and newer streaming protocols, along with API security in a single easy-to-use platform. Enterprise customers include Auchan, SwissPost, Tide, PostNL, and Derivative Path, spanning multiple geographies and industries. Gravitee’s mission is to enable effortless management of traditional synchronous protocols (such as REST) with modern streaming protocols (such as Kafka and event-driven architectures). The company is headquartered in France, with offices in London and Boulder, CO.