Boston-based API startup MachineShop emerges from stealth with a $3M capital

By VCPOST Staff Reporter

Mar 20, 2014 12:15 PM EDT

Application programming interfaces (APIs) provider MachineShop has emerged from stealth mode today. In addition, the startup bagged $3 million from its customers in its very first funding round, wrote TechCrunch.

The companies who backed the said round include software developer CSR, financial security firm Diebold, and software service provider Xchanging, the report detailed.

Co-founder and Chief Executive Officer (CEO) Michael Campbell said he wants to enable businesses to create their own middleware for Internet of Things: "Once I have these devices connected, I don't want raw data but focused information, which brings business logic services that helps stream data from everywhere and converts them into information... Businesses can create their own personalized middleware because it's all service-based. We are disrupting the legacy middleware world just as Mulsoft has done."

Intel said by 2020, the world will have 31 billion connected mobile devices. Because these devices do not speak the same language, there has to be a way to make them communicate with each other. MachineShop wants to use APIs to bridge this communication gap between connected things, TechCrunch reported.

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