Postman has raised $150 million in its Series C funding
Postman is the fourth Indian SaaS company to enter the unicorn club after FreshWorks, Druva and
valued at more than $1 billion. Postman is a collaboration platform for managing, developing and testing application programme interfaces (APIs). APIs are a set of tools for building applications used by software developers.
"Modern-day commerce is driven by API-connected, cloud-based software, and Postman is in the absolute vanguard of companies driving faster and more effective development of solutions across a multitude of industries," said Jeff Horing, cofounder of Insight Partners. The company said the latest investment will help accelerate growth and maintain leadership in the API development space.
"Developers all over the world are rapidly transitioning from the code-first mindset to an API-first mindset with Postman being the centre of this revolution," said Abhinav Asthana, co-founder and CEO of Postman.
According to the company, over 11 million developers have signed up on its platform from across 500,000 organisations.