October 26, 2017
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It's a good time to be a Facebook developer, because the social network keeps adding new ways to interact with their Facebook platform. Along with the create application API we covered, there's an improved events interface and the long-awaited ads API.
Loggly has just secured a new round of funding for its event-logging Loggly API. The company added $5.7 million which more than doubles the $4.7 million total from series A & B investment rounds. This round introduces a new investment partner, Matrix Ventures, as well as a new CEO Charlie Oppenheimer and CTO Jim Nisbet. Oppenheimer hails from Matrix Ventures where he served as an executive in residence.
As several large U.S. banks release public APIs for third-party integration, the move could set in motion the digital transformation the banking industry needs to remain relevant.