Apigee Corp. was an

API management API management is the process of creating and publishing web application programming interfaces (APIs), enforcing their usage policies, controlling access, nurturing the subscriber community, collecting and analyzing usage statistics, and reportin ...

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.

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. 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 Beta (, ; uppercase , lowercase , or cursive ; grc, βῆτα, bē̂ta or ell, βήτα, víta) is the second letter of the Greek alphabet. In the system of Greek numerals, it has a value of 2. In Modern Greek, it represents the voiced labiod ...

of an

tool called Apigee, providing app developers with a free, Cloud-based platform for providing security and analytics for their

APIs Apis or APIS may refer to: * Apis (deity), an ancient Egyptian god * Apis (Greek mythology), several different figures in Greek mythology * Apis (city), an ancient seaport town on the northern coast of Africa **Kom el-Hisn, a different Egyptian ci ...

. 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 and Walgreens. In 2012 Apigee acquired Mobile API company Usergrid and in 2014, it acquired Predictive Analytics company InsightsOne. On Apigee raised $87 million through a public IPO on the

NASDAQ The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...

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

Linux Foundation The Linux Foundation (LF) is a non-profit technology consortium founded in 2000 as a merger between Open Source Development Labs and the Free Standards Group to standardize Linux, support its growth, and promote its commercial adoption. Additi ...

. On , Google 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 The Payment Card Industry Data Security Standard (PCI DSS) is an information security standard used to handle credit cards from major card brands. The standard is administered by the Payment Card Industry Security Standards Council and its use i ...

compliance, multi-region deployment in Amazon Web Services 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