Today, we have really exciting news to share with you all. The Enterprise version of our Kong Gateway is now generally available, and it’s like nothing we’ve ever released before. One standout component of version 2.3 is that it now has a “free” operating mode so that anyone can start off using the Enterprise gateway product – something previously reserved for only our paying customers.
Today, we’re excited to share that Kong has closed a $100M Series D financing led by Tiger Global with participation from new investor Goldman Sachs as well as existing investors Index Ventures, CRV, Andreessen Horowitz and GGV Capital. This raise triples our valuation to $1.4 billion and will allow us to scale our go-to-market operations even faster.
Digital transformation has been a top enterprise priority for years, and in the wake of the global pandemic, that urgency has only increased. Many industries have had to manage in weeks or months what previously would have taken years. According to surveys conducted for our “State of the API Economy 2021” report, three-quarters of enterprises remained focused on digital transformation in 2020, and two-thirds of those companies actually increased their investments.
Financial services institutions need the ability to analyze and act on massive volumes of data from diverse sources in order to monitor, model, and manage risk across the enterprise. They need a comprehensive data and analytics platform to model risk exposures on-demand. Cloudera is that platform. I am pleased to announce that Cloudera was just named the Risk Data Repository and Data Management Product of the Year in the Risk Markets Technology Awards 2021.
Today, we’re thrilled to announce the general availability of Kong Konnect, the service connectivity platform designed from the ground up for the cloud native era, delivered as a service. We live in a connected world. Every application we use, whether within or outside of work, is a connected application built on top of dozens – sometimes thousands – of services that enable our digital, connected experiences.
We have set some ambitious targets for 2021 in making Loadero an even better service to help our customers testing web applications easier, write scripts more comfortably and get detailed results reports that can be analyzed quickly for valuable insights about their app’s performance. With the first month of 2021 just ended, we would like to share some recently added improvements to Loadero application.
