Blog
  • AI Gateway
  • AI Security
  • AIOps
  • API Security
  • API Gateway
|
    • API Management
    • API Development
    • API Design
    • Automation
    • Service Mesh
    • Insomnia
    • View All Blogs
  1. Home
  2. Blog
  3. News
  4. Kong Raises $43 Million to Connect the Next Era of Software
News
March 28, 2019
2 min read

Kong Raises $43 Million to Connect the Next Era of Software

Augusto Marietti
CEO & Co-Founder of Kong

Today, we have some exciting news! We’re announcing our $43 million Series C round, led by Index Ventures and our board member Mike Volpi, with participation from existing investors Andreessen Horowitz (Martin Casado) and CRV (Devdutt Yellurkar), as well as new strategic investors GGV Capital and World Innovation Lab (WiL).

We believe that the way software is created is undergoing a revolution as large organizations transition to brand-new, distributed software architectures that span multi-cloud and hybrid architectures. Services and APIs act as the glue that connects these distributed architectures by enabling information to flow in and out across all environments. By 2030, there will be over 500B connected devices and all those will have services and APIs.

This funding is the culmination of many years of work that resulted in a record breaking 2018. Last year we accomplished things that we never could have imagined back in 2009 when we were working out of a garage in Milan. We hit more than 54 million open-source Kong downloads and reached over 100 Kong Enterprise customers including Yahoo! Japan, WeWork, SoulCycle, and Ferrari. In 2008, if you had told Marco and me that one of the most iconic Italian companies in history would be our customer, we probably would have called you crazy. Today, they’re one of the many incredible companies worldwide using Kong to usher in the next era of software.

At Kong, our mission is to build the nervous system for the cloud by intelligently brokering information across all types of services. The Kong Service Control Platform is designed to seamlessly connect, govern and run APIs and microservices at scale, across multi-cloud, hybrid and on-prem workloads.

This new cash infusion will allow us to not only enrich the industry's first service control platform for the most demanding enterprise environments but also to double down on our open-source products to support our growing community of developers and to invest in international expansion, including Asia Pacific and Europe.

We're very proud of what our incredible team and open-source community have achieved to date, and we look forward to building a long-lasting, iconic company. We are still in the early days of the long journey of the cloud era, and Kong is just leaving the first of many footsteps.

Onwards!

#KongStrong

API Management

More on this topic

Videos

Service Catalog: Unifying Discovery for API Consumers and Producers

Videos

Connecting Our Country: How APIs Sit at the Heart of Our COVID-19 Response

See Kong in action

Accelerate deployments, reduce vulnerabilities, and gain real-time visibility. 

Get a Demo
Topics
API Management
Share on Social
Augusto Marietti
CEO & Co-Founder of Kong

Recommended posts

Konnect Wins InfoWorld's 2025 Technology of the Year for API Management

Kong Logo
NewsDecember 16, 2025

InfoWorld’s annual awards recognize the most innovative software development, DevOps, cloud, data management, and AI/ML products on the information technology landscape. We are extremely proud to see Kong Konnect recognized for its role in unifying

Kong

Kong Named Leader in Gartner® Magic Quadrant™ for API Management for Sixth Year

Kong Logo
NewsOctober 10, 2025

What is the Gartner Magic Quadrant? As defined by Gartner , the Gartner Magic Quadrant "offers visual snapshots, in-depth analyses and actionable advice that provide insight into a market’s direction, maturity and participants. The Magic Quadrant c

Kong

Insights from eBay: How API Ecosystems Are Ushering In the Agentic Era

Kong Logo
EngineeringDecember 15, 2025

APIs have quietly powered the global shift to an interconnected economy. They’ve served as the data exchange highways behind the seamless experiences we now take for granted — booking a ride, paying a vendor, sending a message, syncing financial rec

Amit Dey

Stay Vendor Agnostic: Using an Abstraction Layer to Navigate Acquisitions

Kong Logo
EnterpriseDecember 12, 2025

The challenges of an acquisition frequently appear in a number of critical areas, especially when dealing with a platform as important as Kafka: API Instability and Change : Merged entities frequently rationalize or re-architect their services, whic

Hugo Guerrero

G2 Ranks Kong #1 for API Management and API Development

Kong Logo
NewsApril 8, 2025

Kong Tops G2 Momentum Grids, is the Highest-Rated API Management Tool  Kong is ranked number 1 on the G2 Momentum Grids for API Management and API Development for Spring 2025. And users seem to agree with the glowing assessment: Kong is currentl

Eric Pulsifer

Kong Raises $175M to Power the API World

Kong Logo
NewsNovember 19, 2024

No AI without APIs — as we say here at Kong. I’m excited to officially share our oversubscribed Kong Series E financing at a $2 billion valuation! We raised $175 million in both primary and secondary, led again by Tiger Global and co-led by new inv

Augusto Marietti

The 2023 Kong Year in Review

Kong Logo
NewsDecember 21, 2023

As 2023 gets played off and 2024 eagerly awaits its turn in the spotlight, let’s look back at the past 365-ish days in the land of Kong. It’s the year's final post, and we’re playing nothing but the hits! Read on for a recap of the biggest Kong news

Eric Pulsifer

Ready to see Kong in action?

Get a personalized walkthrough of Kong's platform tailored to your architecture, use cases, and scale requirements.

Get a Demo
Powering the API world

Increase developer productivity, security, and performance at scale with the unified platform for API management, AI gateways, service mesh, and ingress controller.

Sign up for Kong newsletter

    • Platform
    • Kong Konnect
    • Kong Gateway
    • Kong AI Gateway
    • Kong Insomnia
    • Developer Portal
    • Gateway Manager
    • Cloud Gateway
    • Get a Demo
    • Explore More
    • Open Banking API Solutions
    • API Governance Solutions
    • Istio API Gateway Integration
    • Kubernetes API Management
    • API Gateway: Build vs Buy
    • Kong vs Postman
    • Kong vs MuleSoft
    • Kong vs Apigee
    • Documentation
    • Kong Konnect Docs
    • Kong Gateway Docs
    • Kong Mesh Docs
    • Kong AI Gateway
    • Kong Insomnia Docs
    • Kong Plugin Hub
    • Open Source
    • Kong Gateway
    • Kuma
    • Insomnia
    • Kong Community
    • Company
    • About Kong
    • Customers
    • Careers
    • Press
    • Events
    • Contact
    • Pricing
  • Terms
  • Privacy
  • Trust and Compliance
  • © Kong Inc. 2026