Gravitee, a platform that helps companies manage APIs, raises $60M

Gravitee, a platform designed to help companies manage their APIs and other digital traffic pipelines, has raised $60 million in a Series C funding round led by Sixth Street Growth with participation from Riverside Acceleration Capital and Albion VC. The new capital, which brings Gravitee’s total raised to just over $125 million, will be used to fund the development of new product features and Gravitee’s expansion into new markets, said CEO Rory Blundell. Modern data systems are complex. APIs, for example — the set of rules that allow different apps to communicate and exchange data — often come with their own tools and protocols. Blundell makes the case that companies risk creating blind spots and slowing down innovation without a control plane to tie disparate systems together. “[C]ompanies are integrating AI agents, streaming data, APIs, and hybrid systems faster than ever,” Blundell said in a statement. “As a result, many companies face major risks around security, observability, ... Read full article.