Restlet raises $2M to facilitate RESTful API creation with APISpark; sets up Silicon Valley office
Summary
Founded by Jérôme Louvel & Thierry Boileau, the team also announced a third co-founder, Stève Sfartz, who will be based in the Silicon Valley along with Jerôme Lavel. The round of funding comes more than 8 years after Louvel started working on what became Restlet, an open source project called The Server Side, which ultimately became the first RESTful API for Java. The team has come a long way since their open source beginnings, and the funding will go principally to develop their API PaaS APISpark – that’s a lot of acronyms, so let’s break it down. Where Restlet makes its real mark, however, and differentiates itself from the competition, is that the same product can be used by teams who want to build & manage an API in the cloud. I must admit that I hadn’t heard much about this company until today, but it has all the signs of a French success story – a team composed entirely of engineers with more experience in the field than most anyone else in the field today, an innate creativity and technical innovation that puts them at least 12 months in front of the competition, if the competition should choose to replicate their features, and, of course, a $2 Million Seed Round never hurts.
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