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Apigee Corp.

Private Company Ticker Symbol™: (APIGEEP)

Business Summary

Apigee Corp. is a privately-held, venture capital backed API (application program interface) management software developer. Apigee Corp. generates revenue by selling its API management platforms to advanced programmers and enterprises at scaled subscription prices, depending on the customer. Apigee Corp.'s API management platform makes it easier for developers to create applications and monitor their use, especially as they relate to collecting and analyzing information from social networks like Facebook. Apigee Corp.'s enterprise clients include Netflix, Sears, ING, and smaller businesses. The venture capital backed software-as-a-service company also offers its API management tools to light users for free. Founded in 2004 by Raj Singh, Apigee Corp. is headquartered in Santa Clara, California.

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Overview & Corporate Organization

Basic Information

Company Tags:PE Backed
VC Backed
Year Founded:2004
Formerly Named:Sonoa Systems, Inc.
Fiscal Year End:06/30
1YR Revenue Growth Rate:View %
1YR Employee Growth Rate:View %
City:Palo Alto
State/Province:California
Country:United States
Phone:View
Website:www.apigee.com

Corporate Organization

Affiliate Companies:

Industry Information

Industry Codes

PICS™:1501536™, 1501541
NAICS:View
SIC:View

The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.

Competitors & Comparables

Competitors

Apiary.io
Layer7
Mashape
Mashery
SOA Software

Charts, Financials, and Statistics (Table Format)

Below are Apigee Corp. financials and other business metrics displayed in table format.
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Income Statement201120102009
RevenuesViewViewView
Employee Figures201120102009
Total EmployeesViewViewView
Productivity (Revenue/Employee)ViewViewView
Notes
Financial Notes:
*Apigee Corp. fiscal year end: 06/30
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Charts, Financials, and Statistics (Graphs)

Below are Apigee Corp. financials and other business metrics displayed in table format.
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Apigee Corp. Revenues ($ MM):
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Sample Graph
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Apigee Corp. Total Employees:
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Apigee Corp. Productivity (Revenue/Employee) ($):
(Revenue Per Employee, Displayed as graph)

Sample Graph
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Mergers & Acquisitions

PrivCo's M&A Activity table for Apigee Corp. displays the mergers and acquisitions involving Apigee Corp., for example if Apigee Corp. acquired or was acquired by another entity, any leveraged buyout (LBO), etc.
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DateStatusTargetBuyerDeal TypePrice
DetailsJan. 2012CompletedView1ViewAcquisitionView
DetailsJul. 2012CompletedView2ViewAcquisition
Asset Sale
Intellectual Property Sale (IP)
View
DetailsAug. 2012CompletedViewViewAcquisitionView
Notes
1Apigee acquired Usergrid to expand...Read More →
2Apigee acquired all of...Read More →
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VC/Funding Activity

PrivCo's VC/Funding Activity table for Apigee Corp. displays the venture capital rounds, angel investments, debt or other funding raised by Apigee Corp..
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DateInvestorRoundInvestor Type
Apr. 2005Bay PartnersAVenture Capital
Apr. 2005Norwest Venture PartnersAPrivate Equity
DetailsTotal Round A $12,000,000
Nov. 2006ViewBVenture Capital
Nov. 2006ViewBPrivate Equity
Nov. 2006ViewBVenture Capital
Nov. 2006ViewBCorporate
DetailsTotal Round B View
Oct. 2008ViewCVenture Capital
Oct. 2008ViewCHedge Fund
Oct. 2008ViewCPrivate Equity
Oct. 2008ViewCVenture Capital
DetailsTotal Round C View
Dec. 2010ViewDVenture Capital
Dec. 2010ViewDPrivate Equity
Dec. 2010ViewDCorporate
Dec. 2010ViewDVenture Capital
Dec. 2010ViewDHedge Fund
DetailsTotal Round D1 View
Dec. 2011ViewEVenture Capital
DetailsTotal Round E2 View
Jul. 2012ViewFundingVenture Capital
Jul. 2012ViewFundingVenture Capital
Jul. 2012ViewFundingPrivate Equity
Jul. 2012ViewFundingVenture Capital
Jul. 2012ViewFundingHedge Fund
DetailsTotal Round Funding View
Apr. 2013ViewFundingVenture Capital
DetailsTotal Round Funding View
Total of Funding Shown Above View
Notes
1Apigee raised $14.1 million in...Read More →
2Apigee sold $7 million in...Read More →
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Detailed Business Description: Apigee Corp.

PrivCo's Detailed Business Description explains the business operations, products and services, financial structure, and major business milestones of Apigee Corp. The first portion of PrivCo's Detailed Business Description is displayed below, free to view to non-subscribers.
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Apigee Corp. Overview

Apigee Corp. is a privately-held company that specializes in the development and distribution of an Application Programming Interface (API) management platform. Apigee Corp. provides users with analysis, testing, proxy, and protection of API's in a variety of formats. In addition, Apigee Corp.'s console supports most popular API's such as Twitter, Salesforce, Facebook, Twilio, and PayPal, allowing users to better work with these platforms. Apigee Corp.'s services include tools that help users create, manage, and improve their own API's by using experts' advice and popular existing API's as templates.

Apigee Corp. Revenues

Apigee Corp. runs on a freemium model in which approximately 1-2% of customers pay for its service. The customers who do pay tend to be large businesses such as Netflix, Sears, MTV, and Comcast. In 2010, the average paying customer paid roughly $75,000 annually for premium Apigee Corp.'s services. Pricing for businesses ranges from… Continue Reading →

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Supplemental Resources

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