Thursday, May 5, 2011

Mashery Adds $11M

San Francisco-based Mashery, which develops software to deploy web based applications, said it has raised another $11M in funding. The funding was led by OpenView Venture Partners, and also included prior investors Cisco, Formative Ventures, First Round Capital and .406 Ventures. The firm said it will use the funding to broaden its offering and expand sales and marketing. Mashery develops a set of APIs to help companies develop web applications. More information »