Marc Andreessen, legendary entrepreneur and now venture capitalist at the firm he co-founded, Andreessen Horowitz, famously opined a few years ago in the Wall Street Journal that software is eating the world.
Looking ahead to a potential public offering in the next year the application program interface and analytics services company Apigee has raised an additional $60 million in late stage financing.
It might be a while before we see a public offering by Apigee, the software management and analytics company that moved its headquarters to downtown San Jose late last year.
These days, the web is really a web: Applications depend on one another for data and services. Companies increasingly want developers to use their services, and companies like Apigee make that move possible.
As part of a new deal, New Zealand-based innovation business Qrious will be powered by Apigee's API platform, which will see Qrious' data delivery be sped up and monetised.
Just three months after acquiring InsightsOne, Apigee is unveiling its first predictive analytics product to spring from the combined company assets.
Apigee Corp. 's latest iteration of Apigee Insights blends the hoard of data from its application programming interfaces (APIs) with InsightsOne's predictive analytics technology to reach the goal of crafting new services and offers tailored to individual customers. (See Apigee Acquisition Brings Analytics to APIs.)
After acquiring InsightsOne earlier this year, Apigee is now ready to show the first fruits of that labor. Apigee today launched an upgrade to the Apigee Insights Big Data analytics platform, that is tightly integrated with the Apigee Edge API management platform.