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Postman, an API development platform, raises $1 mn from Nexus Venture Partners

India-based startup Postman, a company offering a platform for teams developing APIs, has recently bagged a $1 million seed round from Nexus Venture Partners, reports TechCrunch.

India-based startup Postman, a company offering a platform for teams developing APIs, has recently bagged a $1 million seed round from Nexus Venture Partners, reports TechCrunch.

Postman CEO and co-founder Abhinav Asthana recounted how he first ran into issues developing APIs when he was at intern at Yahoo in 2009. “We would go back and forth over API production and development,” Abhinav explained in an interview with TechCrunch. “As a result, it took a lot of time to ship the product. You are building out an API that isn’t documented properly, and you don’t have time to do it.”

In 2010, Bangalore-based Asthana started panoramic photo app TeleportMe. After realizing that this side project had potential, Asthana started Postman in September 2013 with ex-Adobe engineer Ankit Sobti (Postman’s CTO) to build it out.

Now, more than 18 months since its launch, Postman’s service, which is currently available as a Chrome app, has picked up significant steam. Over 1.5 million developers have registered for the service, Asthana said that more than 800,000 are active. That user base is pretty global, too, with over half located in the U.S., including members of major tech firms like Box, Microsoft and Cisco.

With uptake in the U.S. and a seed round in the bag, the company is looking to open an office in San Francisco at some point this year, Asthana told TechCrunch. There are also plans to hire more staff, although he stressed that Postman wants to maintain a small team.

According to the report, at its core, Postman is akin to Google Docs for APIs. It enables teams to track their changes and work collaboratively, all of which helps to develop APIs without breakage and miscommunication. Asthana explained in the report that, primarily, Postman Sync puts all the API workflow into one single place. That, combined with search and an in-app collection of APIs, alleviates the need to check multiple sites and documents to keep track of the current status or changes.

Like any cloud-based software service, Postman includes a news feed that provides updates for the ongoing development of an API, and it syncs data to the cloud. That, the Postman CEO said, helps root out bugs and avoids making changes that screw up an API — and thus bring a service or app to its knees when live.

“We’re looking to change the way people work with APIs,” Asthana told TechCrunch. “The biggest problem with APIs is that things are changed and undocumented, then are pushed out and break. We want to end that.”

A limited version of the service is available for free. The full Postman Sync service costs $49 per month with up to 10 developers — Asthana is aiming to convert 5 percent of registered users to paying members. He said the company is open to providing flexible pricing plans for organizations with larger needs.

Postman, which has relied on word-of-mouth to grow its user base thus far, is currently working on improving Sync, its collaboration platform. Once done, it will then begin developing native apps — Asthana told TechCrunch that mobile apps might be considered if there’s sufficient demand — and system integrations.

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