RapidAPI (company)

RapidAPI
Type of business Private
Headquarters San Francisco, United States
Area served Global
Founder(s) Iddo Gino, Mickey Haslavsky[1]
Industry Cloud computing
Products Backend development platform
Website rapidapi.com
Launched January 2015

RapidAPI is a backend development platform that lets app & web developers create the backend for their apps using existing functional blocks. The company was founded in Tel Aviv by Iddo Gino and Mickey Haslavsky on January 2015.[2] It has since received investments from angel investors including Dov Moran (founder of M-Systems), Marius Nacht (co-founder of Checkpoint) amongst others. RapidAPI has also received investment from the 500 Startups accelerator, partaking in its 16th batch in San Francisco.[3]

The RapidAPI platform allows its users to create custom backend logic - compiled out of "blocks". These blocks are basic functions offered by the platform, performing actions such as saving to a database, or sending an email.[4]

Reception

Since its debut in 2015, RapidAPI has had a positive reception in the developer and business community. It was selected as The Silicon Valley Business Journal as one of the 10 hottest startups coming out of the 500 Startups accelerator.[5] It has also received numerous up votes on its Product Hunt page.[6]

Seed Round - Andreessen Horowitz

On November 21, 2016 the company announced a $3.5M seed round led by the renowned VC firm Andreessen Horowitz.[7] The round was led by the partner Martin Casado in the firm, and joined by the venture capital firms SVAngel, FundersClub and Green Bay Capital.[8]

References

  1. ↑ "RapidAPI". Angellist.
  2. ↑ "HOW RAPID API GOT FUNDED BY ONE OF ISRAEL'S TOP ANGELS". Startup Grind.
  3. ↑ "500 Startups Announces Batch 16, Focused On Health Tech, FinTech, Vices And Recruiting". TechCrunch.
  4. ↑ "Country's young computer innovators create apps at HackTrack TLV".
  5. ↑ "Here are the 10 hottest companies from latest 500 Startups Demo Day".
  6. ↑ "Product hunt - RapidAPI".
  7. ↑ Gino, Iddo (2016-11-21). "Connecting the World's Software — Chapter 1 – The Era of APIs". Medium. Retrieved 2016-11-21.
  8. ↑ "This startup wants to solve the 'unease' and 'unrest' felt by programmers everywhere". Business Insider. Retrieved 2016-11-21.
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