ngrok

ngrok

Unified ingress platform for secure access

About

ngrok provides a platform that allows developers to quickly and securely expose their applications, devices, or services to the internet. This is done through a unified ingress system that simplifies various networking tasks such as authentication, remote management, and load balancing. Developers can easily integrate ngrok into their existing technology stacks, making it accessible for both individual developers and large enterprises. What sets ngrok apart from its competitors is its focus on ease of use and strong security features, which have earned the trust of over 5 million developers and endorsements from major companies like Twilio and Microsoft. The goal of ngrok is to streamline the development and deployment processes for developers by offering both free and premium subscription plans that cater to different needs.

Company Stage

Series A

Employees

51-200

Industries

Enterprise Software, Cybersecurity

Total Funding

$48.6M

Headquarters

N/A

Founded

2015


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Simplify's Take

What believers are saying

  • The $50 million Series A funding provides significant capital for growth and innovation.
  • The launch of always-on Global Server Load Balancing (GSLB) enhances reliability and performance for global users.
  • New SDKs and developer documentation improve accessibility and ease of use, fostering a strong developer community.

What critics are saying

  • The competitive landscape in API management and ingress solutions is intense, requiring continuous innovation to maintain market position.
  • Reliance on a pay-as-you-go model may lead to revenue volatility, especially if customer usage patterns fluctuate.

What makes ngrok unique

  • Ngrok's API gateway as a service simplifies ingress management, setting it apart from traditional API management solutions.
  • The introduction of a pay-as-you-go pricing model offers flexibility and cost-efficiency, appealing to a broad range of customers.
  • Ngrok's focus on security, including OAuth and Webhook validation in its free plan, enhances its value proposition in a competitive market.

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Growth & Insights
Headcount

6 month growth

-7%

1 year growth

-8%

2 year growth

52%

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