Fenwick represented RapidAPI, an API platform that enables developers and enterprises to find, connect to and manage thousands of APIs, in its $60 million Series C financing round.
The financing was led by Green Bay Ventures and includes new investor, Stripes. Existing investors include Andreessen Horowitz, DNS Capital, M12 (Microsoft’s Venture Fund), Viola Growth and Grove Ventures, bringing the total amount raised for RapidAPI to $122.5 million.
The financing will be used to support the influx of new developers to the platform, the onboarding of leading API providers to the public marketplace and the expansion of the API platform to serve the rapidly growing enterprise customer base. More information can be obtained from the company's announcement.
The Fenwick transaction team included corporate partners Andrew Albertson and Thomas Kang, and associates Stephanie Hong and Joanna Xu.