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Single purpose API
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The Crunchbase API is getting an upgrade and now requires API keys. Factual added a bunch of new data in the US and globally to its Factual Places API. Plus: OpenStreetMap funding for MapBox, Klout as a business and 15 new APIs.
Open data platform Factual continues its expansion into the local market. The new "monetize API," as the company is calling it, helps connect developers--and their users--to coupons, table bookings and other referrals to local places. The developer, in turn, gets a cut of whatever Factual earns from the deal. The addition to the Factual Places API comes with four launch partners, including the two most popular daily deal websites.
Factual Inc, a company founded by ex-Googler Gil Elbaz that is creating a collaborative data platform, announced extensions to its Factual APIs today that are aimed at improving the ability to target advertising and provide other geo-based capabilities in mobile applications. The three new APIs, Geopulse, Reverse Geocoder, and World Geographies, fill gaps and extend the scope of Factual’s API portfolio. But the way that Factual thinks about its APIs also holds lessons for anyone who is mapping out an API strategy of their own.
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