Postman, a leading platform for application programming interface (API) development, on Thursday said that it had secured $150 million in a Series C investment round led by Insight Partners, a global venture capital and private equity firm. Insight Partners joins previous investors CRV and Nexus Venture Partners in this round. Postman said that the funding had taken the valuation of the company to $2 billion. The firm was valued at $350 million a year ago.
Postman, which was founded in 2014 by Abhinav Asthana, Ankit Sobti and Abhijit Kane, is headquartered in San Francisco. It has a large office in