What is Kong?
Kong Inc. is a technology firm providing a foundational platform for organizations transitioning to an API-first approach and adopting artificial intelligence. At its core is a widely adopted API gateway, which empowers businesses to design, secure, and manage APIs and microservices across various environments. This unified, cloud-native solution is designed to accelerate development cycles, improve digital experiences, and foster innovation and growth for its clientele.
How much funding has Kong raised?
Kong has raised a total of $610.5M across 6 funding rounds:
Series A
$6.5M
Series B
$18M
Series C
$43M
Series D
$100M
Other Financing Round
$268M
Series E
$175M
Series A (2013): $6.5M with participation from CRV and Index Ventures
Series B (2017): $18M led by World Innovation Lab, Andreessen Horowitz, Index Ventures, GGV Capital, and Charles River Ventures
Series C (2019): $43M supported by Index Ventures
Series D (2021): $100M featuring GGV Capital, Tiger Global Ltd, The Goldman Sachs Group, Inc., Index Ventures LLP, and CRV BV
Other Financing Round (2024): $268M backed by Tiger Global Management, Lombardstreet Ventures, and Sapphire Ventures
Series E (2024): $175M with participation from Balderton, Andreessen Horowitz, and Tiger Global Management
Key Investors in Kong
GGV Capital
GGV Capital is a global venture firm investing in early-stage to growth-stage companies across enterprise tech and smart tech sectors. They are known for backing innovative startups worldwide.
The Goldman Sachs Group, Inc.
The Goldman Sachs Group, Inc. is a leading global investment banking firm providing a wide range of financial services, including capital markets advisory and strategic financing.
Index Ventures
Index Ventures is a venture firm that partners with entrepreneurs from seed to IPO, investing in disruptive companies across various technology sectors.
What's next for Kong?
With its recent major strategic investment, Kong is poised for accelerated expansion and product development. The substantial capital infusion, particularly the $175M in its latest round, suggests a focus on scaling operations, enhancing its AI capabilities, and potentially exploring new market segments. This funding will likely enable Kong to solidify its position as a leader in API management and AI infrastructure, driving further innovation and supporting its enterprise-level clientele in their digital transformation journeys.
See full Kong company page
