Founded Year

2017

Stage

Series E | Alive

Total Raised

$345.5M

Valuation

$0000 

Last Raised

$175M | 9 mos ago

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+240 points in the past 30 days

About Kong

Kong offers application programming interface (API) management and service mesh technologies for the cloud-native platform sector. It offers products that assist in managing the API lifecycle, provide security features, and improve the performance of APIs and microservices at scale. It primarily serves sectors that require API and AI governance, such as financial services, healthcare, and software technology. It was formerly known as Mashape. It was founded in 2017 and is based in San Francisco, California.

Headquarters Location

150 Spear Street 16th Floor

San Francisco, California, 94105,

United States

800-952-5210

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ESPs containing Kong

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Development

The enterprise service bus (ESB) market provides a solution to help enterprises manage their APIs, events, and integration assets in a centralized and automated manner. It acts as a hub that allows various systems to securely communicate information with one another, enabling the integration of applications and assets. This helps enterprises avoid API sprawl and decentralized architectures, result…

Kong named as Challenger among 9 other companies, including IBM, TIBCO Software, and OpenText.

Kong's Products & Differentiators

    Kong Konnect

    Kong Konnect is the unified cloud-native API lifecycle platform to optimize any environment. It reduces operational complexity, promotes federated governance, and provides robust security by seamlessly managing Kong Gateway, Kong Ingress Controller and Kong Mesh with a single management console delivering API configuration, portal, service catalog, and analytics capabilities.

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Expert Collections containing Kong

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Kong is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,276 items

A

Artificial Intelligence

10,047 items

Kong Patents

Kong has filed 10 patents.

The 3 most popular patent topics include:

  • computer networking
  • evolutionary biology
  • network protocols
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/20/2020

2/14/2023

Network protocols, Network topology, Computer networking, Evolutionary biology, Network management

Grant

Application Date

7/20/2020

Grant Date

2/14/2023

Title

Related Topics

Network protocols, Network topology, Computer networking, Evolutionary biology, Network management

Status

Grant

Latest Kong News

Study Finds 72 Percent of Enterprises Plan to Ramp Spending on GenAI in 2025

Jun 18, 2025

Share Kong Inc., a leading developer of cloud API technologies, today released findings from their latest research report, What’s Next for Generative AI in the Enterprise, which highlights the insights, preferences and concerns about enterprise Large Language Model (LLM) adoption. AI is reshaping business and the global economy. Yet not enough is known about how business investments in generative AI are taking shape. The research findings paint a clear picture: LLM usage is surging, with 72% of enterprises expecting to increase spending on LLMs over the next year, with nearly 40% of respondents indicating that their investment would exceed $250K this calendar year. “AI adoption is accelerating at an unprecedented rate, and organizations that can keep up will have a clear competitive edge,” said Marco Palladino, CTO and Co-Founder of Kong Inc. “This report highlights that while enterprises are moving in the right direction, future success will be dependent on having a robust AI infrastructure in place to help remove common adoption roadblocks and provide a secure, scalable foundation, allowing organizations to capitalize on new GenAI opportunities.” In 2024, Kong’s survey data showed that OpenAI’s models were the most widely used at 27% with Google Gemini being used by 17% of respondents. However, in the first quarter of 2025, Google saw a rapid rise in usage, with 69% of respondents reporting using Google’s models in the last 90 days; 55% say they used OpenAI models in the same timeframe. Meta and IBM models trail at 38% and 26% respectively. These findings demonstrate that Google is making significant strides with its AI capabilities within the tech community. As background, IT professionals and developers are often using generative AI to automate coding tasks, generate documentation, test APIs, and accelerate software development workflows. This study also highlights important insights into the use of one of the newest LLM entrants, DeepSeek, which has garnered both attention and concerns due to potential foreign influence. Despite these concerns, DeepSeek has already gained significant popularity with 80% of respondents saying they use or would consider using it. However, of those not using it, 68% cited privacy concerns as the deterrent, with 46% citing internal mandates prohibiting its use. Related Posts Challenges and Opportunities with LLM Adoption In general, data privacy and security concerns are the most persistent challenges enterprises face to AI adoption at scale, according to 44% of respondents. Second to that are cost and budget constraints (24%), as deploying LLMs requires significant investment in computing infrastructure, cloud resources and ongoing fine-tuning to ensure relevance. Additionally, 14% of respondents cited integrating into existing systems as a top challenge to adoption, highlighting the technical complexity of embedding AI into legacy architectures. While developer sentiment around GenAI has been mixed over the past two years, 46% of developers view it as a tool for enhancing productivity and innovation with companies increasingly leveraging GenAI to automate repetitive tasks, accelerate content creation, assist with data analysis, and enhance decision-making. Additional findings from the report include: 31% of respondents named security and data privacy compliance as their top factor when selecting an LLM provider. 63% use paid or enterprise versions of LLMs, with only 17% relying on free tiers. AI-powered chatbots (27%) and code generation & developer productivity (26%) have emerged as the dominant LLM use cases. 51% say open source LLMs are or will be superior to proprietary models; 37% prefer a hybrid approach. Microsoft Azure AI (45%) was cited as the platform most used within the last 90 days to serve/consume a model with OpenAI Platform (41%) and Google Vertex AI (35%) following close behind. This report examines the rate of adoption of large language models, including the opportunities and limitations for businesses. To gain insights, a survey was commissioned of a representative sample of 550 IT leaders, software developers, engineers, and Kong users. Responses were gathered from February 26 to March 31, 2025. [To share your insights with us, please write to  psen@itechseries.com]

Kong Frequently Asked Questions (FAQ)

  • When was Kong founded?

    Kong was founded in 2017.

  • Where is Kong's headquarters?

    Kong's headquarters is located at 150 Spear Street, San Francisco.

  • What is Kong's latest funding round?

    Kong's latest funding round is Series E.

  • How much did Kong raise?

    Kong raised a total of $345.5M.

  • Who are the investors of Kong?

    Investors of Kong include Index Ventures, Charles River Ventures, Andreessen Horowitz, Notable Capital, Tiger Global Management and 19 more.

  • Who are Kong's competitors?

    Competitors of Kong include Gravitee, Rapid, WSO2, Tyk, SmartBear and 7 more.

  • What products does Kong offer?

    Kong's products include Kong Konnect and 4 more.

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Compare Kong to Competitors

WSO2 Logo
WSO2

WSO2 specializes in digital transformation and management software within the technology sector. The company offers a suite of tools for API management, integration, and identity and access management, designed to help enterprises create and deliver digital experiences. Its products are available as open source solutions, enterprise-grade SaaS, and private cloud deployments, catering to a variety of customer needs in building and managing digital platforms. It was founded in 2005 and is based in Santa Clara, California.

Solo.io Logo
Solo.io

Solo.io provides application programming interface (API) gateway and service mesh solutions. It offers cloud-native API management services, backed by a lightweight API gateway and a service mesh solution that provides a user interface, lifecycle management, telemetry, and insights. Its services primarily cater to the cloud computing industry. It was founded in 2017 and is based in Cambridge, Massachusetts.

S
Sensedia

Sensedia provides API management and integration solutions across various industries. The company offers services, including API lifecycle management, integration flow creation, service mesh development, and governance to support digital experiences, partner ecosystems, and legacy modernization. Sensedia serves sectors such as artificial intelligence, banking, e-commerce, and insurance. It was founded in 2007 and is based in Campinas, Brazil.

A
API7.ai

API7.ai focuses on application programming interface (API) management and analysis within the software infrastructure industry. The company offers products that facilitate microservices and real-time traffic processing. Its solutions cater to various sectors, including the internet, financial, blockchain, manufacturing, retail, and internet of things (IoT) industries. It was founded in 2019 and is based in Shenzhen, China.

Tyk Logo
Tyk

Tyk specializes in API management and offers a suite of tools within the technology sector. The company's main offerings include an API management platform that facilitates the design, testing, publishing, and security of APIs, as well as no-code integration and analytics services. The company caters to various sectors that require API solutions, such as cloud computing, multi-cloud, and hybrid environments. It was founded in 2014 and is based in London, United Kingdom.

Postman Logo
Postman

Postman serves as an Application Programming Interface (API) platform in the technology sector and focuses on streamlining the API development process. The company offers a suite of tools that simplify building, testing, and collaborating on APIs, making it accessible for developers and organizations to create and manage APIs efficiently. Postman primarily serves the software development industry. It was founded in 2014 and is based in San Francisco, California.

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