Oracle says it is buying Apiary, a company that specializes in managing and monitoring application programming interfaces, or APIs, which offer standard ways to connect software applications. Both software giants and large Fortune 500 companies are scrambling to add expertise in building, monitoring, and documenting these crucial pieces of technology.
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On its web site, Apiary lists big-name customers including Salesforce.com (crm), Microsoft (msft), GoPro (gpro), Bloomberg, and Viacom (viab). It raised about $8.5 million from investors including Baseline Ventures, Credo Ventures, Flybridge Capital Partners and angel investors like EDventures Holdings chairman Esther Dyson and James Lindenbaum, the co-founder of Heroku, according to Crunchbase.
The availability of published APIs means that a software developer can fashion its own application by combining already available mini-services. For example, a developer at a large company could mesh Google Maps with Twilio (twlo) to add SMS messaging along with other features—to make something new and different. APIs, in short, let developers use existing apps as building blocks for their own applications.
The news comes days after Oracle unveiled cloud data center expansion plans.