Kong

Kong

API platform for Microservices.

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$175m

Valuation: $2.0b

20.0x EV/Revenue

Series E
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR202120222023
Revenues000000000000
% growth-43 %83 %
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Company filings or news article

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More about Kong
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Kong Inc. is a pioneering company in the field of API (Application Programming Interface) management and connectivity. It offers a suite of products designed to help businesses manage, secure, and optimize their APIs. APIs are essential tools that allow different software applications to communicate with each other. Kong's solutions are particularly beneficial for companies that rely on cloud-native environments, meaning they use cloud computing to build and run scalable applications.

Kong's primary product is the Kong Gateway, a lightweight, fast, and flexible API gateway that helps businesses manage their API traffic efficiently. It supports up to 50,000 transactions per second per node, making it highly performant. The company also offers Kong Konnect, a unified SaaS (Software as a Service) platform for API management, and Kong Mesh, an enterprise service mesh that helps manage microservices, which are small, independent services that work together to form a larger application.

The company serves a wide range of clients, from small startups to large enterprises, across various industries such as finance, healthcare, and technology. These clients benefit from Kong's ability to increase developer productivity, enhance security, and improve performance at scale.

Kong operates in the API management market, which is growing rapidly as more businesses adopt cloud-native architectures. The company's business model is based on a combination of open-source software and enterprise-grade solutions. While the core technology is open-source and freely available, Kong makes money by offering premium features, support, and managed services to enterprise clients.

In summary, Kong Inc. is a leader in API management, providing high-performance, cloud-native solutions that help businesses manage and secure their APIs. The company serves a diverse client base and operates in a rapidly growing market, leveraging a business model that combines open-source technology with enterprise-grade offerings.

Keywords: API management, cloud-native, Kong Gateway, SaaS, microservices, enterprise, open-source, Kubernetes, service mesh, connectivity.

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