M12 returned in a $25m second close for the API marketplace provider having led the first tranche of the series B round last year.
RapidAPI, the US-based operator of an application programming interface (API) marketplace, doubled a series B round featuring software provider Microsoft’s M12 subsidiary to $50m yesterday.
M12 co-led the round’s $25m second tranche with Andreessen Horowitz, Green Bay Ventures, DNS Capital and Grove Ventures. It came after a $25m first close led by M12 in June 2019 that included DNS Capital, Green Bay Ventures and Andreessen Horowitz.
Founded in 2015, RapidAPI operates a digital marketplace where software developers can access…
