API marketplace RapidAPI nabs $150M to help companies bridge the developer gap

RapidAPI, a Tel Aviv-based Application Programming Interface platform, has secured $150 million in a Series D funding round led by Softbank with additional investors such as VC Grove Ventures, a prominent Israeli venture capital firm. The platform helps companies bridge the developer gap by offering API discovery, management, and testing tools. RapidAPI enables developers to find, connect to, and monitor APIs for their applications, facilitating faster software development and reducing reliance on in-house development resources. The funding will be used to further enhance RapidAPI’s product offerings and support businesses at various stages of digital transformation.

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