Kong Inc. | Jotup

Kong Tops $100 Million in Annual Recurring Revenue

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Wednesday, December 13, 2023

Cloud, Andreessen Horowitz, SAN, Internet of things, Organization, Kong Inc., General partnership, Global 2000, API, Growth, Central nervous system, AI, Web3, Video game, Blockchain

SAN FRANCISCO, Dec. 13, 2023 /PRNewswire/ -- Kong Inc., a leading developer of cloud API technologies, today announced it has surpassed $100 million in annual recurring revenue. The company's success is the result of a commitment to product excellence, a laser-focus on the user and customer experience, and the growing popularity of Kong Konnect, its unified cloud API platform, which helps organizations unleash developer productivity and accelerate time to market. Moreover, a significant tailwind to the company's growth has been a decade-long shift in how enterprise software systems are built and deployed, from traditional monolithic applications to modern, distributed cloud native microservices architectures. Additional drivers include mobile apps, Internet of Things (IoT), as well as the adoption and proliferation of Blockchain, Web 3 and a new generation of AI technologies. This transition from "monolithic" software systems, along with the rapid adoption of these new innovations, aligns well with Kong's mission, which is to enable every company to become API-first.

Key Points:

SAN FRANCISCO, Dec. 13, 2023 /PRNewswire/ -- Kong Inc., a leading developer of cloud API technologies, today announced it has surpassed $100 million in annual recurring revenue.
So while surpassing $100 million represents an enormous milestone for our business, that vision is just starting to come to pass.
Most recently, Kong also launched a joint venture with Japan Cloud to support the growing adoption of its platform in Japan, the world's third-largest economy.
"We're quite happy to have been early investors and partners to the Kong founding team.

Kong Named a Leader in the GigaOm® Radar for Service Mesh

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Tuesday, December 5, 2023

CNCF, Gigaom, SAN, Entrepreneurship, Kong Inc., VMS, Pain, API, Service mesh, Radar, Tutoring

SAN FRANCISCO, Dec. 5, 2023 /PRNewswire/ -- Kong Inc., a leading developer of cloud API technologies, announced today that Kong Mesh has been named a Leader and Outperformer in the GigaOm Radar for Service Mesh. Kong's commercial service mesh offering, Kong Mesh, is built on top of Kuma, the open source project developed by Kong and donated to the CNCF. Both Kong Mesh and Kuma are recognized in the report. In addition, Kong is the only GigaOm Leader for Service Mesh to also be named a Leader in the 2023 Gartner Magic Quadrant™.

Key Points:

SAN FRANCISCO, Dec. 5, 2023 /PRNewswire/ -- Kong Inc. , a leading developer of cloud API technologies, announced today that Kong Mesh has been named a Leader and Outperformer in the GigaOm Radar for Service Mesh.
Kong's commercial service mesh offering, Kong Mesh, is built on top of Kuma, the open source project developed by Kong and donated to the CNCF.
In addition, Kong is the only GigaOm Leader for Service Mesh to also be named a Leader in the 2023 Gartner Magic Quadrant™ .
Kong Mesh is integrated with Kong Konnect , the unified platform for API management, service mesh, and ingress controller.

Kong Forms New Joint Venture with Japan Cloud to Accelerate Global Expansion in Japan

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Tuesday, November 7, 2023

Cloud, PagerDuty, Brazing, Kong Inc., Marketo, PayPal, Partnership, API, GSK plc, GSK, Yahoo!, Video game, Fine chemical, Verifone

SAN FRANCISCO and TOKYO, Nov. 7, 2023 /PRNewswire/ -- Kong Inc., a leading developer of cloud API technologies, today announced its expansion into the Japanese market with a new Tokyo subsidiary, established through a joint venture with Japan Cloud, a Tokyo-based consultancy that assists global, high-growth cloud companies to succeed in Japan. The partnership will leverage Japan Cloud's local go-to-market expertise and proven track record, to support the growing adoption of Kong's unified cloud API platform, which enables enterprises to manage and accelerate their journeys towards becoming API-first companies. Japan Cloud has helped launch the Japanese operations of some of the most successful enterprise cloud companies, including Marketo, Concur, Coupa, New Relic, PagerDuty and Braze.

Key Points:

Japan Cloud has helped launch the Japanese operations of some of the most successful enterprise cloud companies, including Marketo, Concur, Coupa, New Relic, PagerDuty and Braze.
"Kong and Japan Cloud together will further accelerate this shift, empowering Japanese companies to create new business opportunities faster with greater security and control."
And while Kong has previously established a notable customer presence in Japan with significant partnerships such as LY Corporation, which operates Yahoo!
Japan, this new joint venture emphasizes the company's commitment to scaling rapidly in the region.

Kong Research Forecasts API Monetization to Grow by 115% by 2027

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Wednesday, October 25, 2023

Congressional Budget Office, Kong Inc., Bureau of Labor Statistics, Entrepreneurship, Research, State, API, Blockchain, GDP, Gross domestic product, Brown University, SAN, Oil, Cryptocurrency, Semiconductor

SAN FRANCISCO, Oct. 25, 2023 /PRNewswire/ -- Kong Inc., a leading developer of cloud API technologies, today announced its most recent study, the company's "2023 API Impact Report." The research, undertaken by Kong experts and an economist from Brown University, explores the expanding macroeconomic influence of APIs and associated technologies in the U.S. and globally. By leveraging survey insights with economic data, the report underscores the growing influence that APIs will have on global economies and enterprises in the coming years. Moreover, the study also analyzes the escalating risks of cybersecurity threats aimed at inadequately secured API technology infrastructures.

Key Points:

SAN FRANCISCO, Oct. 25, 2023 /PRNewswire/ -- Kong Inc., a leading developer of cloud API technologies, today announced its most recent study, the company's " 2023 API Impact Report ."
The research, undertaken by Kong experts and an economist from Brown University, explores the expanding macroeconomic influence of APIs and associated technologies in the U.S. and globally.
Moreover, the study also analyzes the escalating risks of cybersecurity threats aimed at inadequately secured API technology infrastructures.
This study examined both economic trends in API infrastructure and related technologies, as well as the cost of various API security vulnerabilities.

Kong Named in the Leaders Quadrant of the Gartner® Magic Quadrant™ for API Management for the Fourth Consecutive Year

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Monday, October 16, 2023

SAN FRANCISCO, Oct. 16, 2023 /PRNewswire/ -- Kong Inc., a leading developer of cloud API technologies, today announced that it has been positioned by Gartner® as a Leader in the 2023 Magic Quadrant for API Management for the fourth consecutive year. The evaluation was based on specific criteria that analyzed the company's overall completeness of vision and ability to execute. Moreover, Kong remains the only vendor in the API management sector in the Leaders Quadrant of the Magic Quadrant and a 2023 Gartner® Peer Insights™ Customers' Choice for Full Life Cycle API Management.

Key Points:

Moreover, Kong remains the only vendor in the API management sector in the Leaders Quadrant of the Magic Quadrant and a 2023 Gartner® Peer Insights™ Customers' Choice for Full Life Cycle API Management.
Kong enables any company to become an API-first company, helping more than 600 organizations around the world drive developer productivity through a single unified cloud API platform for API management, service mesh and ingress controller.
Kong technologies unleash developer productivity through a single platform for API management, service mesh and ingress controller.
Kong Launches Mesh for Kong Konnect — pioneering the industry's first unified API lifecycle management platform.

Kong Introduces Fully Managed Dedicated Cloud Gateways

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Thursday, September 28, 2023

Cloud, Federal Data Services Hub, Amazon Web Services, API, Google Cloud Platform, Microsoft, GA, 1-Click, Organization, Running, SAN, Kong Inc., Microsoft Azure, Azure, Rest, Environment, Internet service provider, Video game, Fine chemical

SAN FRANCISCO, Sept. 28, 2023 /PRNewswire/ -- Kong Inc., a leading developer of cloud API technologies, today announced Kong Konnect Dedicated Cloud Gateways, the simplest and most cost-effective way to run Kong Gateways in the cloud fully managed as a service and on enterprise dedicated infrastructure. This infrastructure is exclusively reserved for each client, ensuring no shared resources with other customers. The distinction addresses the needs of large enterprises seeking heightened performance, security and control. Dedicated Cloud Gateways are available in Kong Konnect, Kong's unified cloud API platform.

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Kong Previews Konnect Dedicated Cloud Gateways: Users Can Now Cost-Effectively
SAN FRANCISCO, Sept. 28, 2023 /PRNewswire/ -- Kong Inc. , a leading developer of cloud API technologies, today announced Kong Konnect Dedicated Cloud Gateways, the simplest and most cost-effective way to run Kong Gateways in the cloud fully managed as a service and on enterprise dedicated infrastructure.
Dedicated Cloud Gateways are available in Kong Konnect, Kong's unified cloud API platform.
With Dedicated Cloud Gateways in Kong Konnect, the control and data plane are fully hosted and managed by Kong.
Dedicated Cloud Gateways fully integrates with every other Kong Konnect product, like API Analytics, Developer Portal and Service Hub.

Kong Announces Insomnia 8.0: A New Era of API Development Powered by Advanced AI and Collaborative Capabilities

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Thursday, September 28, 2023

SAN FRANCISCO, Sept. 28, 2023 /PRNewswire/ -- Kong Inc., a leading developer of cloud API technologies, today announced the release of Kong Insomnia 8.0, a comprehensive update to its widely popular API development tool. With this release, Kong continues its commitment to simplifying and accelerating API design, debugging and testing for developers and teams around the world. The announcement was made at API Summit 2023, the company's annual conference focusing on API innovation.

Key Points:

This streamlines the development process, saves time and optimizes engineering resources significantly by leveraging generative AI to automate the testing of APIs.
Insomnia AI marks the beginning of AI-powered features that will be introduced in select Kong products in the future.
"With the introduction of Insomnia AI in Kong Insomnia 8.0, we're reshaping the landscape of API development tools and the market itself.
For an in-depth look at all the new features and to get started with Kong Insomnia 8.0 and Insomnia AI, please visit https://insomnia.rest/ .

Kong Launches Mesh for Kong Konnect: Pioneering the Industry's First Unified API Lifecycle Management Platform

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Wednesday, September 27, 2023

Cloud, Software as a service, VM, API, Organization, Kong Inc., Architecture, Service mesh, AI, Microservices, Internet service provider, Tutoring, Glass

SAN FRANCISCO, Sept. 27, 2023 /PRNewswire/ -- Kong Inc., a leading developer of cloud API technologies, announced today full support for Kong Mesh in Konnect, making Kong Konnect the industry's first unified API lifecycle management platform with built-in support for Kong Gateway Enterprise, Kong Ingress Controller and Kong Mesh via a SaaS control plane. This enables unified end-to-end connectivity across any cloud provider, Kubernetes distribution, or on-premises data centers.

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Unified Cloud Platform Kong Konnect Offers Single Pane of Glass to Manage Services from API Gateway, Ingress Controllers and Service Mesh
SAN FRANCISCO, Sept. 27, 2023 /PRNewswire/ -- Kong Inc. , a leading developer of cloud API technologies, announced today full support for Kong Mesh in Konnect, making Kong Konnect the industry's first unified API lifecycle management platform with built-in support for Kong Gateway Enterprise, Kong Ingress Controller and Kong Mesh via a SaaS control plane.
With Kong Mesh support in Kong Konnect, developers can now easily provision modern and secure service mesh infrastructure to every application in the organization, across both Kubernetes and VM deployments.
With this breakthrough, Kong will further help organizations get full control of their API infrastructure, from service mesh to API management, lowering operational overhead and elevating their developers' experience."
Kong Konnect helps organizations reduce operational complexity, promote federated governance at scale and deliver end-to-end API lifecycle management across any cloud, team, protocol or architecture.

Kong Unveils Speakers and Agenda for API Summit 2023

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Wednesday, August 30, 2023

SAN FRANCISCO, Aug. 30, 2023 /PRNewswire/ -- Kong Inc., a leading developer of cloud API technologies, announced today the agenda and speaker line-up for its sixth annual API Summit, which will take place virtually on Sept. 28-29, 2023.

Key Points:

API Summit 2023 (formerly known as Kong Summit) is an event focused on exploring the next generation of API and microservices innovation and real-world solutions to the biggest challenges facing builders and businesses today.
API Summit 2023 is free with registration .
"API Summit 2023 is a chance for technology leaders, developers and architects to look ahead and prepare for the challenges and opportunities coming around APIs and microservices."
The all-virtual 2023 API Summit Hackathon will be focused on API innovation using artificial intelligence.

New Research Projects Nearly 1,000% Increase in API Cyberattacks by 2030

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Thursday, July 27, 2023

SAN FRANCISCO, July 27, 2023 /PRNewswire/ -- Kong Inc., an industry leader in cloud-native API management, today published new research in conjunction with its latest eBook, "Leading Digital Transformation: Best Practices for Becoming a Secure API-First Company." The study, conducted in collaboration with Kong analysts and an outside Brown University economist, forecasts a dramatic 996% increase in API attacks by the end of this decade. This signifies a marked escalation in both the frequency and intensity of API-related cyber threats.

Key Points:

The study, conducted in collaboration with Kong analysts and an outside Brown University economist, forecasts a dramatic 996% increase in API attacks by the end of this decade.
This new study also sheds light on the economic impact of API cyberattacks.
The research predicts this average cost will increase to nearly $14.5 million by 2030, up by 95%.
To contextualize the magnitude of the financial threat, the study's authors compared these figures to the projected U.S. GDP for 2030.