Kong Named One of the Fastest-Growing Companies in North America on the 2022 Deloitte Technology Fast 500™
Business booms with 720% revenue growth as global enterprises turn to APIs and microservices to keep up with surging customer expectations
SAN FRANCISCO, November 16, 2022 — Kong Inc., the top cloud native API company, today announced it took the 211 spot on the Deloitte Technology Fast 500, ranking the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 28th year. This is Kong's third year on the esteemed list, after the company grew 720% during the 2018-2021 fiscal years.
As efficient and digital customer experiences become increasingly critical, we're seeing more and more businesses overhaul their infrastructure to support agility and better cost. The C-suite is beginning to understand how crucial a fast-moving and effective API strategy is to both short- and long-term business productivity, said Augusto Marietti, CEO and co-founder of Kong Inc. This macro industry shift has accelerated growth for companies like Kong, and achieving this accolade for the third year in a row is a testament to the incredible work of our team.
As the past year has shown us, innovation in important areas such as life sciences is critical to addressing infectious disease and other global health issues, said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. In addition, technology must keep pace with ever-changing consumer and corporate demands for faster, safer and more efficient solutions to new societal challenges. Each year I am in awe of the immense talent the Technology Fast 500 rankings reveal, confirming the winners' relentless pursuit of creativity and their ability to solve real-world problems that benefit us all.
This year's Technology Fast 500 list is a true reflection of some of today's most determined and inspiring pioneers who have prospered by anticipating what's next, understanding what's needed to succeed and driving creativity forward, said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloittes audit and assurance practice. Representing all facets of technology, the winners have shown they not only have the vision but can also expertly manage their companies through rapid growth. We congratulate each winner on their impressive achievements.
Overall, 2022 Technology Fast 500 companies achieved revenue growth ranging from 241% to 125,138% from 2018 to 2021, with median growth of 611%.
About Kong Inc.
Kong is the cloud native API platform with the fastest, most adopted API gateway in the world. Loved and valued by developers, Kong helps startups and Fortune 500 companies build with confidence — allowing them to bring solutions to market faster with API and service connectivity that scales easily and securely. Leaders like Nasdaq, PayPal, GE, Samsung, Expedia, GlaxoSmithKline, Rite Aid, Moderna, Wayfair and Verifone trust Kong to help them modernize their tech stacks, adopt new technologies and meet customer demand quickly through APIs. For more information about Kong, please visit konghq.com or follow @thekonginc on Twitter.
About the 2022 Deloitte Technology Fast 500
Now in its 28th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2018 to 2021.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About Deloitte
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