Sensedia, a services connectivity and integration expert that utilises APIs and microservices to advance clients’ digital strategies, has secured growth capital of $21 million in a funding round led by Riverwood Capital.
The investment will support the fast growing company’s product development and global expansion. Sensedia already serves major enterprises worldwide, from seven offices in Brazil, Peru, Colombia and the UK, and between 2014 and 2020 enjoyed a compound annual growth (CAGR) of 115%.
This year, it expects to increase its headcount by nearly 50%, from 460 to more than 650.
Sensedia provides a technology platform and services, including API management, microservices, service-mesh and legacy integration, to help enterprises integrate digital channels and create multi-cloud/hybrid architectures in a governed, scalable and secure way.
Its growth has been fuelled by exponential cloud adoption and the desire of enterprises to break monolithic applications into microservices that take advantage of cloud elasticity to empower new digital experiences for millions of consumers.
In the words of Gartner: “Microservices, event-driven APIs, hybrid/multicloud and productised APIs are changing the way APIs are being designed, implemented and governed.”
Kleber Bacili, CEO and Co-Founder of Sensedia, said: “Companies willing to integrate digital channels, leverage ecosystems and create modern cloud-native architectures are addressing those themes through a mature integration strategy. APIs, microservices and events are the foundation for digital initiatives that can future-proof businesses, and we’re excited to help our clients deliver innovative and improved digital experiences.”
Francisco Alvarez-Demalde, Co-Founder and Managing Partner at Riverwood Capital, added: “As the digitisation of the economy accelerates, companies increasingly need to create, expose and manage APIs to interact with their ecosystem partners. We are excited to partner with this talented and world-class team as they help enterprises across multiple geographies embrace hyper-connectivity and collaboration.”