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πŸ’° RapidAPI Raises 150 MπŸ’² "to Empower Developers" (and why and how we're in)

❔ About

Back in August 2019 I started to use RapidAPI.com for personal Open Innovation (Heroku hosted) API related side projects :

Everything You Always Wanted to know About API Monetization* (*But Were Afraid to Ask)

I could not remember how many times my mom asked: "Why don't you get money on all the work you did on spare time ? All your homework did even not pay you a single coffee !" And then..

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These side projects helped me to learn a lot about API monetization... and pretty soon I started to dream about deploying that kind of technology at an Organizational Level, at OPT-NC.

πŸ‘‰ So we started to deliver public Docker images πŸ‘‡

πŸ›οΈ Shopping for developers : the Marketplace

Finally we were ready to showcase APIs on our marketplace :

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🌟 Benefits

That helped us a lot to explain how :

  • To monetize APIs
  • Structure APIs endpoints and data to be ready for its cloud usage, since the beginning of the project
  • APIs documentation can or should be released
  • Drastically decrease Time To Market, especially on innovation projects
  • To promote APIs with demos & interactive integrations
  • Impact internal culture by showcasing around APIs with Spotlights
  • Talking and promoting popularity and public availability and performances metrics
  • Worldwide Testing strategy and Test Analytics plans
  • Increase internal innovation speed in our own organization

🀡 Iddo Gino (Founder and CEO)

Iddo Gino (Founder and CEO) :

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πŸ“Ί Ido's interview

Listen to this short interview as it explains very clearly how API strategy matters and why any Digital Organization should feel concerned to develop its services in a very efficient way :

πŸ’°πŸ’° 2022, March : RapidAPI nabs $150M at a $1B valuation

"RapidAPI nabs $150M at a $1B valuation, with its API marketplace now used by 4M+ developers"

RapidAPI nabs $150M at a $1B valuation

RapidAPI API marketplace now used by 4M+ developers; nabs $150M.

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πŸ’° May, 2020 : RapidAPI raises $25M more

"RapidAPI raises $25M more to expand its API marketplace"

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Great article :

What You Need To Know Before Exposing Your APIs

There’s no doubt that APIs are at the core of any digital transformation, but there’s still a lot you need to know about exposing your APIs.Β 

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