Gravitee, a platform for managing APIs, raises $60 million in Series C funding led by Sixth Street Growth with participation from Riverside Acceleration Capital and Albion VC.
The funding, totaling just over $125 million raised by Gravitee, will be used for developing new product features and expanding into new markets.
The platform can be deployed on-premises, self-hosted, or as part of Gravitee’s software-as-a-service plan, offering a range of features including API design, deployment, mock testing, and visualization tools.
Gravitee differentiates itself by supporting both asynchronous and synchronous APIs, boasting hundreds of customers including Blue Yonder, Michelin, Roche, and Tide with annual recurring revenue reaching $22 million in fiscal year 2024.