Apigee Lands $35M in Funding

Palo Alto-based Apigee announced this morning that it has raised $35M in a funding round. The firm said the funding was led by a subsidiary of BlackRock, and also included Accenture, Bay Partners, Focus Ventures, Norwest Venture Partners (NVP), SAP Ventures and Third Point Ventures. Apigee develops technology that helps enterprises build application programming interfaces (APIs), and says its customers include Walgreens, eBay, Shell, Live Nation, Bechtel, Marks & Spencer and Vodafone. The company's CEO is Chet Kapoor. More information »