Apigee Corp. was an API management and

predictive analytics Predictive analytics encompasses a variety of statistical techniques from data mining, predictive modeling, and machine learning that analyze current and historical facts to make predictions about future or otherwise unknown events. In busine ...

software provider before its merger into

Google Cloud Google Cloud Platform offers numerous integrated cloud-computing services, including compute, network, and storage. Products Past and present products under the Google Cloud platform include: Current * Google Cloud Datastore, a NoSQL databa ...

. It was founded in 2004 as Sonoa Systems before being rebranded as Apigee in 2010. Apigee was acquired by

Google Google LLC () is an American Multinational corporation, multinational technology company focusing on Search Engine, search engine technology, online advertising, cloud computing, software, computer software, quantum computing, e-commerce, ar ...

in a deal worth $625 million in 2016.

History

Sonoa Systems was founded in 2004 in

Santa Clara, California Santa Clara (; Spanish for " Saint Clare") is a city in Santa Clara County, California. The city's population was 127,647 at the 2020 census, making it the eighth-most populous city in the Bay Area. Located in the southern Bay Area, the cit ...

, by Raj Singh and Ravi Chandra. In early 2006, Sonoa brought on Chet Kapoor as CEO. Initially the company developed a router-like appliance for XML / SOA Governance, but over time branched into application platforms and

cloud computing Cloud computing is the on-demand availability of computer system resources, especially data storage ( cloud storage) and computing power, without direct active management by the user. Large clouds often have functions distributed over mu ...

. In 2009 Sonoa released a public beta of an API management tool called Apigee, providing app developers with a free, Cloud-based platform for providing security and analytics for their APIs. In 2010, Sonoa rebranded as Apigee, and the API Management platform became the core of the business, with premium features added shortly after. Apigee quickly expanded its corporate customer base, including the likes of

Netflix Netflix, Inc. is an American subscription video on-demand over-the-top streaming service and production company based in Los Gatos, California. Founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California, it offers a fi ...

and

Walgreens Walgreen Company, d/b/a Walgreens, is an American company that operates the second-largest pharmacy store chain in the United States behind CVS Health. It specializes in filling prescriptions, health and wellness products, health information, a ...

. In 2012 Apigee acquired Mobile API company Usergrid and in 2014, it acquired

Predictive Analytics Predictive analytics encompasses a variety of statistical techniques from data mining, predictive modeling, and machine learning that analyze current and historical facts to make predictions about future or otherwise unknown events. In busine ...

company InsightsOne. On Apigee raised $87 million through a public

IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

on the NASDAQ. In 2015, Apigee became a founding member (along with SmartBear and IBM) of the OpenAPI initiative, under the sponsorship of the Linux Foundation. On ,

announced it would purchase Apigee for $625 million, and the deal was completed in November 2016.

Products

Apigee revenues are generated through subscriptions to its API management platform and through professional services to subscribing customers. Apigee offers free tiers of its products, with premium features reserved for subscribers. Apigee also sells additional functionality to subscribing customers, including the ability to monetize APIs, PCI-DSS compliance, multi-region deployment in

Amazon Web Services Amazon Web Services, Inc. (AWS) is a subsidiary of Amazon that provides on-demand cloud computing platforms and APIs to individuals, companies, and governments, on a metered pay-as-you-go basis. These cloud computing web services provide d ...

and traffic isolation.

References

{{Google Cloud Cloud computing providers Google Cloud Software companies established in 2004 Companies formerly listed on the Nasdaq Google acquisitions 2015 initial public offerings 2016 mergers and acquisitions