Postman raises $150M Series C

Gunderson Dettmer client Postman, a collaboration platform for API development raised a $150 million Series C financing. The round was led by Insight and included CRV and Nexus Venture Partners.

In the announcement of the transaction, CEO and co-founder at Postman Abhinav Asthana said, “We help developers, QA, DevOps — anybody who is in the business of building APIs — work on the same platform. They can use our tools for designing, documentation, testing and monitoring to build high-quality APIs, and they do that faster.”

The Gunderson Dettmer deal team included Michael Irvine, Maggie White and Nicholas Agate.