API platform Postman has said that it has raised $225 million in Insight Partners led Series D funding round.
The round saw participation from Coatue, BOND and Battery Ventures as well as existing investors Nexus Venture Partners and CRV. Product Leader of DoorDash – Gokul Rajaram and Girish Mathrubootham, Freshworks Founder also participated in the funding round.
“APIs have quickly become the fundamental building blocks of software used by developers in every industry, in every country across the globe—and Postman has firmly established itself as the preferred platform for developers,” stated Managing Director at Insight Partners – Jeff Horing.
“Coatue was impressed by Postman’s ability to solve challenges faced by developers worldwide who need to build software faster than ever. We also liked Postman’s work towards providing management teams, regardless of size, proper visibility into their API landscape and to ensure that increasingly, lean teams can effectively maintain APIs,” continued David Schneider General Partner at Coatue.
Postman’s CEO and Co-founder – Abhinav Asthana added, “We are thrilled to have the support of our community and customers who continue to propel us forward, and this new round of funding will help Postman dramatically increase the speed of that forward motion.”
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