About Us

Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

A Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Social Media

Bluesky • Facebook • Instagram • LinkedIn • YouTube

Meet the Laser Focus World Team

Editorial

Sales

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology
My Watchlist
Indicators
Industrial Laser Index
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

RapidAPI Raises $60M to Support Developer Growth and Fuel Expansion of Leading API Platform

By: via Business Wire

New fundraise supports company’s accelerated growth as API-first digital transformation becomes a top initiative across all industries

RapidAPI, a next-generation API platform that enables developers and enterprises to find, connect to, and manage thousands of APIs, announced today that it has raised $60M million in its Series C funding 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 investment comes on the heels of a high-growth year for RapidAPI amidst a pandemic that drove a record number of developers and companies to the RapidAPI platform to advance their digital initiatives and accelerate the delivery of their software and services to the market.

Driven by the explosion of APIs, federation of API programs, acceleration of cloud initiatives, and the push to microservices, companies have turned to RapidAPI to modernize their infrastructure in order to remain competitive in today’s environment of digital disruption.

The recent fundraise 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, including RapidAPI's Enterprise Hub, to serve the rapidly growing enterprise customer base.

“As APIs become the building blocks for digital transformation efforts across all industries, we’ve seen a fundamental shift toward API platforms and tools like RapidAPI that are built to handle the realities of today’s complex, multi-cloud, multiservice, and multi-API environments,” said Iddo Gino, RapidAPI Founder and CEO. “RapidAPI’s next-generation platform is uniquely built for modern software development, providing a unified experience across the entire development life cycle, allowing millions of developers to connect with thousands of APIs and microservices.”

Added Gino, “Over the course of the year, we’ve made significant investments in our platform, adding API testing and API design through the acquisition of Paw in February. The additional funding will enable us to continue to build a flexible API platform with the features and functionality needed to provide developers and organizations with a flexible platform that integrates with an organization’s existing software development environment, making it easier to find, connect to, and manage APIs.”

A Year of Developer Adoption, Product Innovation, and Enterprise Traction

Recent reports, including the second annual RapidAPI Developer Survey Report , indicate that developer reliance on APIs accelerated during the pandemic and will continue to increase in 2021. In fact, according to the survey, 61% of developers used more APIs in 2020 than in 2019, and 71% plan to use even more this year.

This trend was also apparent by usage of the RapidAPI platform. Over the last 12 months, RapidAPI has experienced significant growth across its platform. RapidAPI has almost 3 million developers on the marketplace, adding more than 750,000 new developers over the course of the year. Additionally, there are now more than 35,000 APIs on the Marketplace, doubling the number from the same time last year. RapidAPI is continuing to add more than 1,000 new APIs per month, offering APIs from providers that include Microsoft, IBM, Twilio, SendGrid, Nexmo, Crunchbase, and more.

Paid API subscriptions were also on the rise in 2020, as 12,000 new API subscribers were added to the platform. Another area of significant growth is with RapidAPI for Teams. RapidAPI for Teams enables developers to create a private workspace to share and collaborate on internal APIs and microservices within their team. Today, there are more than 55,000 teams on RapidAPI.

RapidAPI has also seen an increase in the number of enterprises that are using the RapidAPI Enterprise Hub, a white-labeled version of its Marketplace that enables development teams, partners, and customers to discover and connect to internal APIs as well as external API subscriptions. Over the last year, RapidAPI has more than doubled the number of companies using the RapidAPI Platform, including Fortune 500 organizations across the financial services, insurance, telecom, and hospitality sectors.

Finally, the company expanded its API Platform to add a host of new capabilities and features from Gateway integration to support new types of APIs such as Kafka and new products such as RapidAPI Testing and RapidAPI Design by Paw.

RapidAPI By the Numbers

  • 3 million developers have signed up on the RapidAPI Marketplace
  • More than 35,000 APIs are currently available on the marketplace
  • Trillion+ API calls go through the marketplace
  • Doubled the number of enterprise customers: RapidAPI Enterprise customers include Fortune 500 customers across financial services, telecom, manufacturing, and hospitality
  • $60M Series C funding raised
  • $122.5M raised to date

For more information

About RapidAPI

RapidAPI, the world's largest API Marketplace, is used by millions of developers to find, test and connect to thousands of APIs—all with a single account, API key and SDK. For enterprise organizations, RapidAPI offers RapidAPI Enterprise Hub, a white-labeled version of the marketplace that enables the company’s developers, customers, and partners to find, manage, and connect to hundreds of internal APIs, as well as external API subscriptions.

Contacts

More News

View More
Why Amazon’s Prime Day May Be the Catalyst for a Year-End Rally
Via MarketBeat
Tickers AMZN
Let the Good Times Roll: 2 Stocks Showing No Signs of Slowing
Via MarketBeat
Topics Artificial Intelligence World Trade
Tickers ATRO INOD META
Café Culture Revival? 3 Stocks to Watch After Chick-fil-A’s Move
Via MarketBeat
Tickers CMG MCD SBUX YUM
Carmakers Step in With Incentives as EV Tax Credit Expires
Via MarketBeat
Topics Economy Government
Tickers F GM TSLA
Buy the Dip? Zillow’s Profit Comeback Meets Market Pressure
Via MarketBeat
Topics Lawsuit
Tickers ZG
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.