Postman, an application programming interface (API) management platform for enterprises, said it has acquired Orbit, a tool developer companies use to grow communities across forums, chat platforms and social channels.
The financials of the deal were not disclosed.
For the last four years, Orbit has helped top developer companies manage and grow their communities across platforms like Discord, Slack and GitHub, Postman said in a blog post on Thursday.
At Postman, the Orbit team will help build community features into the Postman Public API Network so that publishers and consumers can actively collaborate, the blog post said.
The most valued Indian software-as-a-service (SaaS) startup at $5.6 billion, Postman provides an API collaboration platform used by over 30 million developers and 500,000 organisations.
Led by Noah Schwartz, who recently joined Postman from Amazon Web Services to lead the Public API Network, the Orbit team will enable API distributors to grow their communities, increase usage of their APIs, and get feedback directly from users on the network, the blog post added.
With the integration, developers will be able to better discover APIs that address their use cases and engage with peers to make the most of each API.
Over the next 90 days, the existing Orbit product and platform will be winding down, a separate blog post from Orbit added. On July 11, it will disable all functionality.
“As of today, we won’t allow new users or new workspaces to be created. Current users will be able to add users to your existing workspaces, as allowed by your plan type. On May 31, we will stop ingesting new data, but you will still have access to explore and export your data,” Orbit said.
Postman last raised $225 million in a funding round led by existing investor Insight Partners along with participation of new backers such as Coatue, storied Silicon Valley investor Mary Meeker’s Bond Capital and Battery Ventures in 2021.
Source: Economic Times