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Why General Catalyst Invested in Runscope [VIDEO]

By Sean Michael Kerner     Feedback

APIs are key to future applications, says venture capitalist who invested in Runscope, a provider of API performance management tools.

Steve Herrod is one of the better known venture capitalists in Silicon Valley, investing millions into the next big thing. Herrod is a managing partner at General Catalyst partners, which has multiple types of technology investments.

Among the companies that Herrod has invested in is Runscope, a company that builds API performance management tools. Microservices, which are available via APIs, are increasingly common. However, it's not always easy to fully enable them for developers to build high-performance apps. That's where Runscope comes into play.

"They are doing quite well and are signing up more than 2,000 customers a month," Herrod said. "They are all facing the notion of needing to produce an API or they have to consume an API."

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"For me, this is all about how future applications are being written," Herrod added.

Watch the video with Steve Herrod below:

Sean Michael Kerner is a senior editor at Enterprise Apps Today and InternetNews.com. Follow him on Twitter @TechJournalist.

This article was originally published on June 17, 2015
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