Albion co-leads an $11m Series A in Gravitee.io
Gravitee.io – the open source API management platform that gives businesses and their developers unprecedented control over their entire API ecosystem – has raised $11m in a Series A round co-led by Albion and Oxx, to power its expansion in the burgeoning API management market which is predicted to be worth 21.68 USD billion by 2028.
As the world has become more digital, the need for connected software has exploded, and APIs are now ubiquitous. This increased reliance on APIs brings endless possibilities but also means that APIs should run perfectly every time. For businesses, keeping track of the complex web of APIs being developed and used, all while having to manage security integrations, is a monumental task.
Gravitee.io is demonstrably making this task effortless for thousands of projects, with customers in 20 countries and 35,000 global downloads per month driving its 163% year on year growth.
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