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{{Short description|API management tools and predictive analytics softwares provider}}
{{Infobox company
{{Infobox company
| name = Apigee
| name = Apigee Corp.
| logo = [[File:Apigee logo.svg|200px]]
| logo = Apigee logo.svg
| logo_size =
| logo_size = 200px
| former_name = Sonoa Systems
| logo_padding =
| logo_alt =
| logo_caption =
| image =
| image_size =
| image_alt =
| image_caption =
| trading_name =
| native_name =
| native_name_lang = <!-- Use ISO 639-1 code, e.g. "fr" for French. For multiple names in different languages, use {{Lang|[code]|[name]}}. -->
| romanized_name =
| former_name =Sonoa Systems
| type = [[Subsidiary]]
| type = [[Subsidiary]]
| traded_as =
| traded_as = {{NASDAQ was|APIC}}
| ISIN =
| ISIN =
| industry = {{Unbulleted list|[[Internet]]|[[Computer software]]}}
| industry = {{Unbulleted list|[[Internet]]|[[Computer software]]}}
| genre =
| genre =
| successor = <!-- or: | successors = -->
| successor = [[Google Cloud Platform|Google Cloud]]
| founded = July 2004 in [[Santa Clara, California]], U.S.
| founded = {{Start date and age|2004|07}}, in [[Santa Clara, California]], U.S.
| founder = Raj Singh, Ravi Chandra
| founder = Raj Singh <br/> Ravi Chandra
| hq_location = [[San Jose, California]]
| hq_location = [[San Jose, California]]
| hq_location_city =
| hq_location_country =
| num_locations =
| num_locations_year = <!-- Year of num_locations data (if known) -->
| area_served = Worldwide
| key_people =
| products =
| brands =
| production =
| production_year = <!-- Year of production data (if known) -->
| services =
| revenue = {{Unbulleted list|class=nowrap|{{increase}} US$ 68,607,000 (2015)|US$ 92,027,000 (2016)}}
| revenue = {{Unbulleted list|class=nowrap|{{increase}} US$ 68,607,000 (2015)|US$ 92,027,000 (2016)}}
| revenue_year = <!-- Year of revenue data (if known) -->
| revenue_year = <!-- Year of revenue data (if known) -->
Line 59: Line 38:
| website = {{URL|apigee.com}}
| website = {{URL|apigee.com}}
| footnotes =
| footnotes =
| intl = yes
}}
}}


[[File:GoogleCloudApigeeBooth.jpg|thumb|Apigee at Google Cloud conference]]
'''Apigee''' Corp. is a [[Silicon Valley]] based company that provides [[API management]] and [[predictive analytics]] software. It was founded in 2004 as Sonoa Systems. In 2016, Apigee was acquired by [[Google]] in a deal worth $625 million.<ref>{{cite web|last1=Miller|first1=Ron|title=Google will acquire Apigee for $625 million|url=https://techcrunch.com/2016/09/08/google-will-acquire-apigee-for-625-million/|website=TechCrunch}}</ref>

'''Apigee Corp.''' was an [[API management]] and [[predictive analytics]] software provider before its merger into [[Google Cloud Platform|Google Cloud]]. It was founded in 2004 as Sonoa Systems before being rebranded as Apigee in 2010. Apigee was acquired by [[Google]] in a deal worth $625 million in 2016.<ref name="techcrunch-acquired">{{Cite web |last=Miller |first=Ron |date=8 September 2016 |title=Google will acquire Apigee for $625 million |url=https://techcrunch.com/2016/09/08/google-will-acquire-apigee-for-625-million/ |url-status=live |archive-url=https://web.archive.org/web/20160908150716/https://techcrunch.com/2016/09/08/google-will-acquire-apigee-for-625-million/ |archive-date=2016-09-08 |website=TechCrunch}}</ref>


== History ==
== History ==


Sonoa Systems was founded in 2004 in [[Santa Clara, California]] by Raj Singh and Ravi Chandra. In early 2006, Sonoa brought on Chet Kapoor as CEO.<ref>{{cite web|title=Sonoa Systems – The Gatekeeper To Your Cloud Services - CloudAve|url=https://www.cloudave.com/2240/sonoa-systems-the-gatekeeper-to-your-cloud-services/|website=CloudAve|date=30 March 2009}}</ref> Initially the company developed a router like appliance for XML / SOA Governance, but over time branched into application platforms and [[cloud computing]]. In 2009 Sonoa released a public [[beta release|beta]] of an [[API management]] tool called Apigee, providing app developers with a free, Cloud-based platform for providing security and analytics for their [[Application Programming Interface|APIs]].<ref>{{cite web|title=Sonoa Systems Launches Apigee for API Analytics, Protection and Control|url=http://www.marketwired.com/press-release/sonoa-systems-launches-apigee-for-api-analytics-protection-and-control-1210000.htm}}</ref> In 2010, Sonoa was rebranded as Apigee, and the API Management platform became the core of the business, with premium features added shortly after.<ref>{{cite web|title=Sonoa Systems Is Now Apigee; Offers Free, Premium and Enterprise Product Lines for API Providers and Developers {{!}} Apigee|url=https://apigee.com/about/press-release/sonoa-systems-now-apigee-offers-free-premium-and-enterprise-product-lines-api|website=apigee.com}}</ref>
Sonoa Systems was founded in 2004 in [[Santa Clara, California]], by Raj Singh and Ravi Chandra. In early 2006, Sonoa brought on Chet Kapoor as CEO.<ref>{{Cite web |date=30 March 2009 |title=Sonoa Systems – The Gatekeeper To Your Cloud Services - CloudAve |url=https://www.cloudave.com/2240/sonoa-systems-the-gatekeeper-to-your-cloud-services/ |website=CloudAve}}</ref> Initially the company developed a router-like appliance for XML / SOA Governance, but over time branched into application platforms and [[cloud computing]]. In 2009, Sonoa released a public [[beta release|beta]] of an [[API management]] tool called Apigee, providing app developers with a free, Cloud-based platform for providing security and analytics for their [[Application Programming Interface|APIs]].<ref>{{Cite web |title=Sonoa Systems Launches Apigee for API Analytics, Protection and Control |url=http://www.marketwired.com/press-release/sonoa-systems-launches-apigee-for-api-analytics-protection-and-control-1210000.htm}}</ref> In 2010, Sonoa rebranded as Apigee, and the API Management platform became the core of the business, with premium features added shortly after.<ref>{{Cite web |title=Sonoa Systems Is Now Apigee; Offers Free, Premium and Enterprise Product Lines for API Providers and Developers {{!}} Apigee |url=https://apigee.com/about/press-release/sonoa-systems-now-apigee-offers-free-premium-and-enterprise-product-lines-api |website=apigee.com}}</ref>


Apigee quickly expanded its corporate customer base, including the likes of [[Netflix]]<ref>{{cite web|title=What the Netflix Button Means to Your Business Strategy {{!}} Apigee|url=https://apigee.com/about/blog/digital-business/what-netflix-button-means-your-business-strategy|website=apigee.com}}</ref> and [[Walgreens]].<ref>{{cite web|title=Walgreens: Putting an API Around Their Stores {{!}} Apigee|url=https://apigee.com/about/customer-story/walgreens-putting-api-around-their-stores|website=apigee.com}}</ref> In 2012 Apigee acquired Mobile API company Usergrid<ref>{{cite web|last1=Malik|first1=Om|title=Apigee buys Usergrid, shifts focus to mobile|url=https://gigaom.com/2012/01/18/apigee-buys-usergrid-shifts-focus-to-mobile/|website=gigaom.com|date=18 January 2012}}</ref> and in 2014, it acquired [[Predictive Analytics]] company InsightsOne.<ref>{{cite web|last1=Williams|first1=Alex|title=Apigee Acquires InsightsOne To Deepen API Analytics Offerings|url=https://techcrunch.com/2014/01/08/apigee-acquires-insightsone-to-deepen-api-insights-with-predictive-analytics/|website=TechCrunch}}</ref> On {{Start date|2015|04|24}} Apigee raised $87 million through a public [[IPO]] on the [[NASDAQ]].<ref>{{cite web|last1=Taulli|first1=Tom|title=Apigee CEO: Navigating Rough IPO Waters|url=http://www.forbes.com/sites/tomtaulli/2016/01/09/apigee-ceo-navigating-rough-ipo-waters/#1f2186e3be67|website=Forbes}}</ref>
Apigee quickly expanded its corporate customer base, including the likes of [[Netflix]] and [[Walgreens]]. In 2012, Apigee acquired Mobile API company Usergrid<ref>{{Cite web |last=Malik |first=Om |date=18 January 2012 |title=Apigee buys Usergrid, shifts focus to mobile |url=https://gigaom.com/2012/01/18/apigee-buys-usergrid-shifts-focus-to-mobile/ |website=gigaom.com}}</ref> and in 2014, it acquired [[predictive analytics]] company InsightsOne.<ref>{{Cite web |last=Williams |first=Alex |date=8 January 2014 |title=Apigee Acquires InsightsOne To Deepen API Analytics Offerings |url=https://techcrunch.com/2014/01/08/apigee-acquires-insightsone-to-deepen-api-insights-with-predictive-analytics/ |website=TechCrunch}}</ref> On {{Start date|2015|04|24}}, Apigee raised $87 million through a public [[IPO]] on the [[NASDAQ]].<ref>{{Cite web |last=Taulli |first=Tom |title=Apigee CEO: Navigating Rough IPO Waters |url=https://www.forbes.com/sites/tomtaulli/2016/01/09/apigee-ceo-navigating-rough-ipo-waters/#1f2186e3be67 |website=Forbes}}</ref>


in 2015, Apigee became a founder member (along with [[SmartBear Software|SmartBear]] and [[IBM]]) of the [[OpenAPI Specification|OpenAPI initiative]],<ref>{{cite web|title=Open API Initiative {{!}} Apigee|url=https://apigee.com/about/tags/open-api-initiative|website=apigee.com}}</ref> under the sponsorship of the [[Linux Foundation]].
In 2015, Apigee became a founding member (along with [[SmartBear Software|SmartBear]] and [[IBM]]) of the [[OpenAPI Specification|OpenAPI initiative]], under the sponsorship of the [[Linux Foundation]].<ref>{{Cite web |last=Ramel |first=David |date=10 November 2015 |title=Open Source Projects Further RESTful API-Based Development |url=https://adtmag.com/articles/2015/11/10/open-source-apis.aspx |access-date=2024-02-16 |website=ADTmag |language=en-US}}</ref>


On {{Start date|2016|09|08}}, [[Google]] announced it would purchase Apigee for $625 million, and the deal was completed in November 2016.<ref>{{cite web|title=Apigee has Joined Google {{!}} Apigee|url=https://apigee.com/about/apigee-has-joined-google|website=apigee.com}}</ref><ref>{{Cite news|url=https://techcrunch.com/2016/09/08/google-will-acquire-apigee-for-625-million/|title=Google will acquire Apigee for $625 million|last=Miller|first=Ron|work=TechCrunch|access-date=2017-11-08|language=en}}</ref>
On {{Start date|2016|09|08}}, [[Google]] announced it would purchase Apigee for $625 million, and the deal was completed in November 2016.<ref>{{Cite web |title=Apigee has Joined Google {{!}} Apigee |url=https://apigee.com/about/apigee-has-joined-google |url-status=dead |archive-url=https://web.archive.org/web/20161220074012/https://apigee.com/about/apigee-has-joined-google |archive-date=2016-12-20 |website=apigee.com}}</ref><ref name="techcrunch-acquired"></ref>


== Products ==
== Products ==
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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 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]] and traffic isolation.
The key products are:

* '''Apigee Edge''' - An API Management platform which can be hosted on the Cloud or on the premises of a company. Edge Cloud is sold in tiers: 250, 500 or 1250 - where 250 has an upper limit of 250 million API calls per quarter and 1250 has a limit of 1.25 billion calls per quarter.
* '''Apigee BaaS''' - [[Mobile backend as a service|Back-end as a Service]] platform

Apigee also sells additional functionality to subscribing customers, including the ability to monetise APIs, [[PCI-DSS]] compliance, multi-region deployment in [[Amazon Web Services]] and traffic isolation.


== References ==
== References ==
{{Reflist}}
{{Reflist}}


{{Google LLC}}
[[Category: Cloud computing providers]]
{{Google Cloud}}
[[Category: Companies based in San Jose, California]]

[[Category: Companies established in 2004]]
[[Category: Companies formerly listed on NASDAQ]]
[[Category:Cloud computing providers]]
[[Category: Google acquisitions]]
[[Category:Google Cloud]]
[[Category:Software companies established in 2004]]
[[Category:Companies formerly listed on the Nasdaq]]
[[Category:Google acquisitions]]
[[Category:2015 initial public offerings]]
[[Category:2015 initial public offerings]]
[[Category:2016 mergers and acquisitions]]

Latest revision as of 16:38, 6 August 2024

Apigee Corp.
FormerlySonoa Systems
Company typeSubsidiary
Nasdaq: APIC
Industry
FoundedJuly 2004; 20 years ago (2004-07), in Santa Clara, California, U.S.
FounderRaj Singh
Ravi Chandra
SuccessorGoogle Cloud
HeadquartersSan Jose, California
Revenue
  • Increase US$ 68,607,000 (2015)
  • US$ 92,027,000 (2016)
ParentGoogle
Websiteapigee.com
Apigee at Google Cloud conference

Apigee Corp. was an API management and predictive analytics software provider before its merger into Google Cloud. It was founded in 2004 as Sonoa Systems before being rebranded as Apigee in 2010. Apigee was acquired by Google in a deal worth $625 million in 2016.[1]

History

[edit]

Sonoa Systems was founded in 2004 in Santa Clara, California, by Raj Singh and Ravi Chandra. In early 2006, Sonoa brought on Chet Kapoor as CEO.[2] Initially the company developed a router-like appliance for XML / SOA Governance, but over time branched into application platforms and cloud computing. 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.[3] In 2010, Sonoa rebranded as Apigee, and the API Management platform became the core of the business, with premium features added shortly after.[4]

Apigee quickly expanded its corporate customer base, including the likes of Netflix and Walgreens. In 2012, Apigee acquired Mobile API company Usergrid[5] and in 2014, it acquired predictive analytics company InsightsOne.[6] On April 24, 2015 (2015-04-24), Apigee raised $87 million through a public IPO on the NASDAQ.[7]

In 2015, Apigee became a founding member (along with SmartBear and IBM) of the OpenAPI initiative, under the sponsorship of the Linux Foundation.[8]

On September 8, 2016 (2016-09-08), Google announced it would purchase Apigee for $625 million, and the deal was completed in November 2016.[9][1]

Products

[edit]

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 and traffic isolation.

References

[edit]
  1. ^ a b Miller, Ron (8 September 2016). "Google will acquire Apigee for $625 million". TechCrunch. Archived from the original on 2016-09-08.
  2. ^ "Sonoa Systems – The Gatekeeper To Your Cloud Services - CloudAve". CloudAve. 30 March 2009.
  3. ^ "Sonoa Systems Launches Apigee for API Analytics, Protection and Control".
  4. ^ "Sonoa Systems Is Now Apigee; Offers Free, Premium and Enterprise Product Lines for API Providers and Developers | Apigee". apigee.com.
  5. ^ Malik, Om (18 January 2012). "Apigee buys Usergrid, shifts focus to mobile". gigaom.com.
  6. ^ Williams, Alex (8 January 2014). "Apigee Acquires InsightsOne To Deepen API Analytics Offerings". TechCrunch.
  7. ^ Taulli, Tom. "Apigee CEO: Navigating Rough IPO Waters". Forbes.
  8. ^ Ramel, David (10 November 2015). "Open Source Projects Further RESTful API-Based Development". ADTmag. Retrieved 2024-02-16.
  9. ^ "Apigee has Joined Google | Apigee". apigee.com. Archived from the original on 2016-12-20.