Kong Inc. investors & funding
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Industry
Data Processing & Outsourced Services
Funding
Series E
Team size
600
Revenue
$50M - $100M
Kong Inc. has raised a total of $345 million in funding, reflecting strong investor confidence in its innovative API management solutions. The recent $175 million Series E round, led by Tiger Global and co-led by Balderton, underscores the strategic focus on global market expansion and technological advancements. Prominent investors including Andreessen Horowitz, Index Ventures, CRV, and Sapphire Ventures add strategic value through their industry expertise. Investment priorities include: - Global expansion - AI product innovation - Enhancing customer experience teams - Strengthening market positioning through strategic advisory The influx of capital has enabled Kong Inc. to invest in advanced product development, marketing initiatives, and scaling operations, positioning the company for long-term growth. Notable sources: https://konghq.com/company/press-room/press-release/kong-secures-175-million-new-financing, https://pitchbook.com/profiles/company/52738-12.
Kong Inc. delivers a cloud-native API management platform that streamlines API integration, enhances security, and ensures high performance for diverse use cases. The platform is built to serve both startups and large enterprises with scalable subscription tiers that address varying technical and operational requirements.
Kong Inc. generates revenue through a subscription-based model for its cloud-native API management platform, leveraging a freemium approach that converts free users into paid enterprise customers. Its go-to-market strategy is product-led, capitalizing on its open-source roots to drive user adoption and sustained growth.
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