Kong

Kong

API management and connectivity solutions provider

About

Kong specializes in API management and connectivity, providing tools that help businesses manage, secure, and optimize their APIs, which are crucial for software applications to communicate. The main product, Kong Gateway, is a fast and flexible API gateway capable of handling up to 50,000 transactions per second per node, ensuring efficient API traffic management. Additionally, Kong offers Kong Konnect, a SaaS platform for API management, and Kong Mesh, which manages microservices that work together in larger applications. Unlike many competitors, Kong combines open-source technology with enterprise solutions, allowing clients to access core features for free while offering premium services for businesses. The goal of Kong is to enhance developer productivity, improve security, and optimize performance for a wide range of clients, from startups to large enterprises, in a rapidly growing market.

Company Stage

Series E

Employees

501-1,000

Industries

Data & Analytics, Enterprise Software

Total Funding

$334.7M

Headquarters

San Francisco, California

Founded

2017


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Simplify's Take

What believers are saying

  • Kong raised $175 million to enhance AI connectivity, boosting its market position.
  • Kong's Premium Technology Partner Program fosters innovation and expands its ecosystem.
  • Kong's focus on API security aligns with rising demand due to AI-enhanced threats.

What critics are saying

  • Rapid AI evolution may outpace Kong's current API security measures.
  • Increased competition from AI API leaders like OpenAI and Google pressures Kong to innovate.
  • New executive appointments may disrupt existing customer relationships or internal processes.

What makes Kong unique

  • Kong offers a high-performance API gateway supporting 50,000 transactions per second per node.
  • Kong's open-source model attracts a wide range of clients, from startups to enterprises.
  • Kong Insomnia 10 introduces GenAI capabilities, enhancing API development and testing efficiency.

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Growth & Insights
Headcount

6 month growth

-3%

1 year growth

-5%

2 year growth

-7%

Benefits

Weekly Donut Chats

Home Office Stipend

Flexible Time Off & Dedicated Unplug Days

Virtual Events

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