Private Equity Fund Investments
Enterprise software startup Postman raises $225-M
Bengaluru-based Application Programming Interface (API) platform Postman has raised USD 225 million in a Series D round. The round, valuing Postman at USD 5.6 billion, was led by existing investor Insight Partners, with participation from new investors Coatue, Battery Ventures and BOND, along with other existing investors CRV and Nexus Venture Partners. In addition, DoorDash Product Leader Gokul Rajaram and Freshworks founder Girish Mathrubootham have also joined as individual investors. The company has now raised more than USD 430 million across four rounds. Postman will use the fresh funds to expand its teams in the areas of sales, marketing, product, and engineering. In addition, it will continue to invest in its community of developers across the globe, support students through innovative API literacy programs, and contribute toward open source projects to foster a strong and thriving API ecosystem.
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