Kong is a developer of cloud API technologies offering solutions designed to help developers, enterprises, and organizations maximize their API potential. Its platform stands out for delivering exceptional performance, automating robust security measures, and streamlining operational efficiency. Designed with scalability and resilience in mind, Kong enables businesses to navigate the increasing complexity of modern systems while ensuring consistent, high-quality performance.
Kong has raised $175 million in a Series E funding round at a $2 billion valuation. The round was led by Tiger Global and Balderton Capital, with participation from Teachers’ Venture Growth and 137 Ventures, among others. Existing investors, including Andreessen Horowitz, Index Ventures, CRV, Sapphire Ventures, and Notable Capital, also reaffirmed their support. In total, Kong has raised $345 million to date.
Kong, San Francisco, California, United States, was founded in 2009 by Augusto "Aghi" Marietti, Marco Palladino, and Michele Zonca. In 2020, the company joined the unicorn club. “This funding will fuel our efforts to help organisations leverage our unified API platform, and embrace API-first securely, faster, and in an efficient way for small and large enterprises. As we continue to see a surge in demand for API calls, (driven even more recently by LLMs), Kong is uniquely positioned to drive innovation and help our customers to build and connect the next generation of intelligent applications,” noted Augusto Marietti, CEO and co-founder of Kong.
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