RapidAPI raises $60 million to expand leading API marketplace

Grove Ventures, one of Israel’s top venture capital firms, along with other investors, has participated in a $60 million series C funding round for RapidAPI, an Israeli company that operates the world’s largest API marketplace. The funding will be used to support the platform’s expansion, including the onboarding of API providers and the development of RapidAPI’s Enterprise Hub. RapidAPI experienced significant growth in the past year, attracting millions of developers and adding thousands of APIs to its marketplace. The company plans to double its workforce, with a focus on hiring in Israel.

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