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Not even 24 yrs old: Iddo Gino s RapidAPI marks 3M developers and a $60M Series C
Founded by the young entrepreneur, Israeli startup RapidAPI developed a unique solution to bring order to API chaos, with a marketplace supporting millions of developers around the world Oshry Alkeslasi / 22 Apr 2021 • 2 min read
Israeli startup RapidAPI, founded by entrepreneur Iddo Gino, closed a $60 million Series C funding round. The investment was led by Green Bay Ventures, with participation from a new investor - Stripe, which has previously invested in Israeli startups, including monday.com, Axonious, Verbit, and Snyk. The round also saw participation from existing investors, including Grove Ventures, Marius Nacht, Andreessen Horowitz, DNS Capital, Viola Growth, and Microsoft investment arm, M12.
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Israeli startup RapidAPI raises $60m
The pandemic has pushed companies to the RapidAPI platform to advance their digital initiatives and accelerate the delivery of their software and services to the market.
Israeli API platform RapidAPI announced today that it has completed a $60 million Series C financing round led by Green Bay Ventures with new investor Stripes and existing investors including Andreessen Horowitz, DNS Capital, M12 (Microsoft’s Venture Fund), Viola Growth, and Grove Ventures. This brings the total amount raised by RapidAPI to $122.5 million.
The company was founded in 2015 by CEO Iddo Gino when he was 18. RapidAPI has 110 employees including 50 in Israel and plans to double its workforce over the next year.
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