Postman raises $7 million in series A from Nexus Venture Partners

Industry:    2016-10-14

BENGALURU: Postman, the company providing the API(application programming interface) toolchain for developers has raised $7 million in a series A round of funding from Nexus Venture Partners. The startup had raised $1 million in seed funding from Nexus Venture Partners last year.

Founded in 2014, the startup helps the developer community manage APIs through cloud service.

“We created Postman to address issues that I confronted personally as a developer, and our overwhelming market acceptance shows that this was a critical need,” commented Abhinav Asthana, CEO, and co-founder of Postman. “The need for Postman in an API developer’s workflow will only grow as this market expands.”

Headquartered in Bengaluru India, Postman also has offices in San Francisco, California, and Austin, Texas.

“Every developer in the world will benefit from using Postman,” said Jishnu Bhattacharjee, Managing Director of Nexus Venture Partners and Postman board member. “Postman is at the very center of the industry of connected software and poised for huge growth.”

Abhinav Asthana, Ankit Sobti, and Abhijit Kane started Postman in October of 2014. The startup has over 3.5 mn developers signed up on their platform and counts Cisco, Netflix, Microsoft, Sony, Paypal as its customers.

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