3scale, a portfolio company of Tola Capital, has raised $4.2 million of new funding from Javelin Venture Partners and Costanoa Venture Capital. 3scale is a Barcelona- and San Francisco-based API management solutions provider. APIs are a key infrastructure component for online businesses—powering mobile applications, partnership programs and innovation. 3scale's API management platform helps companies and developers securely open, control, manage, operate and monetize their API to third parties like business partners and other developers. Tola is a Seattle-based private equity firm dedicated exclusively to acquiring software companies focused on enterprise information technology.
