# Bug Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bug-labs

- Industry: Hardware
- Headquarters: New York, US
- Website: www.buglabs.net
- Total disclosed funding: $0.5M
- Latest round: Series C (Aug 14, 2008)
- Investors on record: 3

## About

Bug Labs, Inc. specializes in providing software and services that simplify the use of Application Programming Interfaces (APIs), making them accessible for non-technical users in various sectors.Founded in 2006 and headquartered in New York, US, Bug Labs focuses on delivering API solutions. The company is led by founder Peter Semmelhack, who has previously been involved in other ventures. Bug Labs has raised a total of USD 3.00 mn through three financing deals, with the latest being on June 21, 2010, involving investors such as Court Square Ventures, Spark Capital, and Union Square Ventures.Bug Labs, Inc. provides a suite of software and services focused on maximizing the value of Application Programming Interfaces (APIs). Their core product, SignalPattern, simplifies complex API endpoints into user-friendly interactions, catering to enterprise customers including telecom and communication service providers. The company also offers strategy and go-to-market services to align API strategies with business objectives across North America, Europe, and Asia.Bug Labs generates revenue through subscriptions and partnerships with enterprise clients, particularly within the telecom sector. Their flagship product, SignalPattern, is provided through tiered pricing plans that offer various features according to client needs, supporting organizations in enhancing their API usage. The company's services, including proof-of-concept development, contribute to a robust revenue model driven by B2B transactions.Bug Labs plans to leverage its recent funding of USD 3.00 mn from June 2010 to enhance its current offerings and explore new product developments. The company aims to expand into additional global markets across North America, Europe, and Asia, seeking to broaden its client base. The funding will support strategic initiatives aimed at improving API accessibility and efficiency, aligning with the organization's long-term growth objectives.

## Funding rounds

- Series C, Aug 14, 2008 — Union Square Ventures, Court Square Ventures, Spark Capital
- Series A, Apr 9, 2006, $0.5M — Union Square Ventures

## Investors

- Union Square Ventures (https://capitalatlas.ai/funds/union-square-ventures) — Series A, Series C
- Court Square Ventures (https://capitalatlas.ai/funds/court-square-ventures) — Series C
- Spark Capital — Series C