American Express has taken part in the $25m round, which increased API integration platform developer Cloud Elements' total funding to $46.2m.
American Express Ventures, the strategic investment vehicle for payment services firm American Express, yesterday took part in a $25m funding round for US-based application programming interface (API) integration platform Cloud Elements.
Mercato Partners led the round, which featured commitments from Access Ventures, Grotech Ventures, Harbert Growth Partners, Rally Ventures and Upslope Ventures.
Found in 2012, Cloud Elements has created a platform that enables app developers and businesses to integrate APIs instead of building their own integration stack.
The platform provides…