Company
Date Published
Author
Augusto Marietti
Word count
379
Language
English
Hacker News points
None

Summary

Kong has announced a $43 million Series C funding round led by Index Ventures and board member Mike Volpi, with additional investments from Andreessen Horowitz, CRV, GGV Capital, and World Innovation Lab. This funding supports Kong's mission to develop a service control platform that connects and manages APIs and microservices across multi-cloud, hybrid, and on-premises environments. Highlighting their growth, Kong has achieved over 54 million open-source downloads and secured more than 100 enterprise customers, including notable companies like Yahoo! Japan and Ferrari. The company aims to use this investment to enhance its platform, expand its open-source offerings, and drive international expansion, particularly in the Asia Pacific and European markets. Kong envisions building a foundational technology for the cloud era, facilitating the flow of information in an increasingly connected world predicted to have over 500 billion devices by 2030.