Security News > 2021 > February > Kong raises $100M to scale its go-to-market operations and accelerate cloud connectivity

Kong will use the capital to scale its go-to-market operations, grow world-class Engineering and Customer Experience teams, and accelerate cloud connectivity with its new SaaS-based Kong Konnect service connectivity platform.

"With impressive momentum, happy customers and strong market share, Kong is primed to help organizations meet the growing demands of this new digital reality and succeed in today's cloud native world."

The fundraise follows a record year for Kong, marked by a significant increase in adoption of its flagship open source software - Kong Gateway - now exceeding 220 million total downloads and 1.5 million monthly active instances.

"In 2020, we saw an explosion of data in motion and services as companies fast-tracked the release of new digital experiences in response to the pandemic," said Augusto Marietti, CEO and co-founder of Kong Inc. "Software is truly becoming like a giant nervous system through millions of APIs and services. Kong is on a mission to become the spinal cord and backbone by building the cloud connectivity fabric of the future."

Kong Konnect, a full-stack service connectivity platform designed for cloud native applications and delivered as a service, enables developers, architects and operators to seamlessly deliver connectivity at the edge, within their applications and between applications.

"Modern infrastructure is driven by open source technologies, and Kong's open source DNA has played a pivotal role in driving its adoption both in the community and in enterprise organizations," said Marco Palladino, CTO and co-founder of Kong Inc. "Kong Konnect takes cloud connectivity to the next level by providing a full-stack service connectivity platform that goes from API gateways to services meshes via open technologies like Kong Gateway, CNCF's Kuma and Insomnia - running across every cloud and every platform, including on Kubernetes and VMs.".

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