# DreamFactory Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dreamfactory-software

- Industry: Software
- Headquarters: Campbell, US
- Website: www.dreamfactory.com
- Total disclosed funding: $16M
- Latest round: Series C (Dec 3, 2014)
- Investors on record: 1

## About

DreamFactory Software offers a comprehensive platform that facilitates the generation and management of REST APIs, enabling organizations to modernize their legacy systems and streamline their data integration processes.Founded in 1998 in Campbell, US, DreamFactory Software specializes in API management solutions, allowing users to automate the creation and documentation of REST APIs efficiently. The company has raised a total of USD 4.00 mn through a Series C funding round led by New Enterprise Associates, with the most recent deal occurring on December 3, 2014. The founders, Eric Rubin, Florin Covaciu, and Omar Munie, have established a firm that operates independently without any parent or subsidiary relationships. Terence Bennett currently serves as the CEO.DreamFactory specializes in providing a robust platform for generating and managing REST APIs, primarily aiming to modernize legacy systems and streamline enterprise data integration. Their core product offering is an API generation and management solution that allows users to automate the creation, securing, and documentation of REST APIs without the need for extensive coding. This solution supports various data sources, including SQL databases such as Microsoft SQL Server, Oracle, PostgreSQL, and MongoDB, among others. The platform is designed to serve a diverse client base, including large enterprises across multiple sectors such as finance, healthcare, and technology, facilitating seamless data access and integration for applications. Geographically, DreamFactory’s products are sold into markets in North America, Europe, and Asia-Pacific, catering to organizations looking for scalable and secure API solutions to enhance their IT infrastructure.DreamFactory generates revenue through a subscription-based model, providing clients with tiered access to their API management services. This model fosters a range of transactions, predominantly B2B partnerships, where businesses subscribe to utilize the platform's capabilities for API generation and management. The company offers different pricing plans that provide varying levels of access to features, including advanced security options and customization capabilities. Clients typically engage with DreamFactory to deploy their solutions on platforms such as Kubernetes or Docker, depending on their infrastructure needs. Notably, DreamFactory’s flagship service includes robust enterprise security features and the ability to connect various data sources through a unified REST API interface, catering to organizations aiming for enhanced operational efficiency and data integration.As of December 2014, DreamFactory Software raised USD 4 million in additional Series C financing from New Enterprise Associates. The company plans to leverage this funding to enhance its product offerings, focusing on the introduction of new API management features and tools designed to further facilitate the integration of complex data systems. DreamFactory aims to expand its market presence into regions such as South America and the Middle East by 2025, targeting organizations seeking advanced data integration solutions.

## Funding rounds

- Series C, Dec 3, 2014, $4M — New Enterprise Associates
- Series C, Feb 21, 2014, $1M — New Enterprise Associates
- Series B, May 1, 2012, $2M — New Enterprise Associates
- Series A, May 4, 2008, $3M — New Enterprise Associates
- Series A, May 8, 2006, $5.8M — New Enterprise Associates

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A, Series B, Series C