# Layer 7 Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/layer-7-technologies

- Industry: Software
- Headquarters: Vancouver, Canada
- Website: www.layer7tech.com
- Total disclosed funding: $8.9M
- Latest round: Series B (Oct 26, 2006)
- Investors on record: 3

## About

Layer 7 Technologies is a Canadian company specializing in API management and cybersecurity solutions, facilitating secure communication between applications and services.Founded in 2003 and headquartered in Vancouver, Canada, Layer 7 Technologies focuses on API management and security. The company was acquired by CA Technologies in 2013, marking a significant pivot in its operations. The founder's previous experience in technology startups contributed to Layer 7's inception. The company has participated in a total of 4 deals, with the most recent funding round occurring on April 23, 2013, from investors including BDC Capital, GrowthWorks Capital, and Shoreline Venture Management. The total amount raised is CAD 0.870 mn.Layer 7 Technologies provides a comprehensive platform for API management, enabling organizations to secure and manage their APIs effectively. Their offerings include tools for identity management, access control, and traffic management, catering to a diverse clientele across North America, Europe, and the Middle East. The company focuses on enhancing operational efficiency and security through its innovative solutions.Layer 7 Technologies operates on a B2B model, generating revenue primarily from its API management and security solutions. The company earns revenue through service engagements with clients, with pricing structures tailored to the specific needs of different sectors. Their transaction-based model allows flexibility and scalability in service delivery.Layer 7 Technologies plans to leverage recent funding to enhance its API management platform and expand its services into new geographic markets, including increased efforts in Europe and Asia by the end of 2023. The company aims to launch additional features within its API management tools to address growing cybersecurity concerns, building on its existing capabilities. The acquisition by CA Technologies also suggests integration into a larger ecosystem, potentially accelerating growth opportunities.

## Funding rounds

- Series B, Oct 26, 2006, $8.9M — BDC Capital, GrowthWorks Capital, Shoreline Venture Management

## Investors

- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series B
- GrowthWorks Capital (https://capitalatlas.ai/funds/growthworks-capital) — Series B
- Shoreline Venture Management (https://capitalatlas.ai/funds/shoreline-venture-management) — Series B