Layer 7 Technologies Scooped up by CA Technologies
April 26, 2013
Layer 7 Technologies, a provider of application-programming interface (API) management and security, has agreed to be acquired by CA Technologies (NASDAQ: CA), a provider of IT management solutions. Headquartered in Washington, D.C., Layer 7 has closed multiple rounds of VC funding from exiting investors Shoreline Venture Partners, GrowthWorks and Business Development Bank of Canada. The combination of CA Technologies and Layer 7 solutions will help organizations to better manage and secure APIs, as well as deliver more confidently and quickly to the cloud, mobile and composite applications.