Postman, a platform for enterprises to manage application programming interfaces (APIs), announced its acquisition of Orbit, a tool companies use to build communities across various platforms like forums, chat platforms, and social channels.
The specific financial details of the acquisition were not disclosed.
In a Thursday blog post, Postman mentioned that Orbit has been assisting leading developer companies in managing and expanding their communities on platforms such as Discord, Slack, and GitHub for the past four years.
According to the blog post, the Orbit team will join Postman to integrate community features into the Postman Public API Network, enabling publishers and consumers to collaborate actively.
Postman, valued at $5.6 billion, is India’s most valuable software-as-a-service (SaaS) startup. Its API collaboration platform serves over 30 million developers and 500,000 organizations.
Previously with Amazon Web Services, Noah Schwartz now heads the Public API Network at Postman. The addition of the Orbit team aims to empower API distributors to expand their communities, boost API usage, and gather user feedback directly from the network.
This integration will enhance developers’ ability to discover APIs suited to their needs and engage with peers to maximize the potential of each API.
A separate blog post from Orbit announced that over the next 90 days, the existing Orbit product and platform will be winding down. On July 11, all functionality will be disabled.
“As of today, we won’t allow new users or new workspaces to be created. Current users will be able to add users to your existing workspaces, as allowed by your plan type. On May 31, we will stop ingesting new data, but you will still have access to explore and export your data,” Orbit said.
In 2021, Postman raised $225 million in a funding round led by existing investor Insight Partners. New backers such as Coatue, Mary Meeker’s Bond Capital, and Battery Ventures participated in the round.
