Stoplight, a tech startup that helps web developers design and manage APIs, announced Thursday it closed on a $6 million Series A.
According to a statement issued by the company, Stoplight will use the funding to “augment engineering efforts, accelerating its product roadmap and covering more customer use cases.”
The Austin-based startup was created to make it easier to manage application programmable interfaces (APIs) — tools that allow multiple programs to work together. With the Stoplight Studio, users can design their APIs in minutes without writing any code, all while getting instant feedback on their prototypes. Then, they can design and maintain their APIs using Stoplight Docs, Hubs and Enterprise.
This most recent round was co-led by Next Coast Ventures and Bill Wood Ventures, both of which said in statements that services like Stoplight’s are increasingly in demand.
“The online world is evolving into a network of connected sensors and smart devices,” Bill Wood, general partner at Bill Wood Ventures, said. “Without adequate API design management, the next evolution will never reach its full potential. Stoplight is an integral part of enabling developers to design our new online world.”
Stoplight has grown quickly in just the last few months, claiming 200 percent year-over-year growth since Stoplight Studio’s launch. The company also has more than 500 customers, including Deutsche Bank, Honeywell and Blackboard.
To date, Stoplight has raised $10 million.