In 2023, Kong Inc. achieved significant milestones, surpassing $100 million in annual recurring revenue, which is a rare feat for companies. The year saw the launch of Kong Konnect, a unified API management platform capable of managing services like API gateways, Ingress Controllers, and service meshes under one cloud management plane. The company highlighted the projected global economic impact of APIs, estimated at $14.2 trillion by 2027, emphasizing the importance of API security. At the API Summit 2023, discussions centered on the future impact of AI and APIs on enterprises, featuring notable speakers like Marco Palladino and Martin Casado. Kong received accolades from Gartner, GigaOm, and Forbes, recognizing its leadership in API management and service mesh solutions. The company expanded its global presence by opening an office in Singapore and partnering with Japan Cloud to establish a subsidiary in Tokyo, further cementing its international growth strategy.