Add-on Acquisition • Internet Software and Services

Postman Acquires Akita

On July 19, 2023, Postman acquired internet software and services company Akita

Acquisition Context

This is Postman’s 1st transaction in the Internet Software and Services sector.
This is Postman’s 1st transaction in the United States.
This is Postman’s 1st transaction in California.

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M&A Deal Summary
Date	July 19, 2023
Target	Akita
Sector	Internet Software and Services
Buyer(s)	Postman
Deal Type	Add-on Acquisition

Target Company

Akita

San Mateo, California, United States

Akita is an operator of a SaaS company that makes monitoring and observing system behavior accessible for every developer. Akita was founded in 2018 and is based in San Mateo, California.

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Buyer Overview 1

Buyer

Postman

San Francisco, California, United States

Category	Company
Sector	Software

DESCRIPTION

Postman help developers and professionals across the globe build the API-first world by simplifying each step of the API lifecycle and streamlining collaboration enabling users to create better APIs, faster. Postman is based in San Francisco, California.

Deal Context for Buyer	#
Overall	1 of 3
Sector: Internet Software and Services	1 of 2
Type: Add-on Acquisition	1 of 3
State: California	1 of 2
Country: United States	1 of 3
Year: 2023	1 of 1

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2024-04-11	Orbit San Francisco, California, United States Orbit is a community growth platform that helps developer companies manage and grow their communities across forums, chat platforms, social channels, and more, providing insights, automation, and engagement capabilities. Orbit is based in San Francisco, California.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2024-04-11

Orbit

San Francisco, California, United States

Orbit is a community growth platform that helps developer companies manage and grow their communities across forums, chat platforms, social channels, and more, providing insights, automation, and engagement capabilities. Orbit is based in San Francisco, California.

Buy

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