Apigee (formerly known as Sonoa Systems) is a provider of API technology and services for enterprises and developers. The company offers a platform that gives enterprises control over and visibility into the APIs that connect applications and data, across the enterprise and across clouds.

Employee Rating

4More
TypeSubsidiary
Parent CompanyGoogle
HQSan Jose, CA, US
Founded2004
Websiteapigee.com
Cybersecurity ratingBMore
Apigee was founded in 2004 and is headquartered in San Jose, CA, US

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Key People/Management at Apigee

Raj Singh

Raj Singh

BOD & Founder
Barry Lieberman

Barry Lieberman

Vice President, Global Go To Market
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Apigee Office Locations

Apigee has an office in San Jose
San Jose, CA, US (HQ)
10 Almaden Blvd
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Apigee Financials and Metrics

Summary Metrics

Founding Date

2004

Total Funding

$197.7 m

Investors

In total, Apigee had raised $197.7 m. Apigee is a subsidiary of Google

Apigee Revenue

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Apigee's revenue was reported to be $92.03 m in FY, 2016 which is a 34.1% increase from the previous period.
Annual
USDFY, 2015FY, 2016

Revenue

68.6m92.0m

Revenue growth, %

34%

Cost of goods sold

25.0m27.5m

Gross profit

43.6m64.5m
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

17.3m20.5m22.9m23.5m

Cost of goods sold

6.0m6.5m6.7m7.1m

Gross profit

11.3m14.1m16.2m16.4m

Gross profit Margin, %

65%69%71%70%
Annual
USDFY, 2015FY, 2016

Cash

89.6m68.3m

Accounts Receivable

58.8m

Inventories

5.8m5.1m

Current Assets

116.8m99.4m
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

105.2m81.5m74.0m70.2m

Accounts Receivable

16.1m20.1m25.9m27.5m

Prepaid Expenses

4.2m5.1m4.5m4.7m

Current Assets

125.6m106.6m104.4m102.4m
Annual
USDFY, 2015FY, 2016

Net Income

(50.4m)(41.5m)

Depreciation and Amortization

2.4m2.4m

Accounts Payable

(996.0k)(1.4m)

Cash From Operating Activities

(37.4m)(21.7m)
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

(37.8m)(13.1m)(22.1m)(32.0m)

Depreciation and Amortization

1.8m603.0k1.2m1.8m

Accounts Payable

(1.4m)(1.0m)(639.0k)(1.2m)

Cash From Operating Activities

(23.5m)(7.5m)(15.6m)(19.1m)
USDQ3, 2015

Financial Leverage

1.6 x
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Apigee Operating Metrics

FY, 2013Q4, 2014FY, 2014Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Billings

$43 m$22 m$64 m$22.80 m$22.50 m$21.10 m$81 m$14.80 m$25.70 m$29 m$77 m$22.30 m

Countries

30 30

Customers

90 186 205 186 165 260 300 300 230

Patents Issued

9 9
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Apigee Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Apigee Online and Social Media Presence

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Apigee News and Updates

Google Cloud Extends API Connections With Apigee X

APIs have become so prevalent because we have moved to a computing world dominated by often disparate & distributed cloud computing services, so a technology which serves to interconnect at a defined point in the cloud infrastructure layer becomes an essential building block.

Google rolls out Apigee X with machine learning features for API automation

Google LLC has developed a new version of its Apigee platform for managing application programming interfaces that includes artificial intelligence automation features and expanded security controls. The new version, Apigee X, was launched today. APIs are what applications use to interact with the …

Google Cloud launches its Business Application Platform based on Apigee and AppSheet

Unlike some of its competitors, Google Cloud has recently started emphasizing how its large lineup of different services can be combined to solve common business problems. Instead of trying to sell individual services, Google is focusing on solutions and the latest effort here is what it calls its B…

Making value the new lock-in: Apigee seeks to transform applications in a hybrid world

With all of the talk in the enterprise space about applications, what do they really mean to the average user? In many instances, applications drive personalization on the Web. One example of this can be found in the growth of “my” sites, with the ability for users to structure how they use a site’…

Multicloud APIs make friends with refreshed Google Apigee

As more and more companies disperse their applications across different environments, they’re seeking tools to make them gel. Application program interfaces are often touted as a key tool to get apps talking to each other, because API management can build productive bridges between hybrid-cloud and…

Apigee jumps on hybrid bandwagon with new API for hybrid environments

This year at Google Cloud Next, the theme is all about supporting hybrid environments, so it shouldn’t come as a surprise that Apigee, the API company it bought in 2016 for $265 million, is also getting into the act. Today, Apigee announced the Beta of Apigee Hybrid, a new product designed for hybri…
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Apigee Frequently Asked Questions

  • When was Apigee founded?

    Apigee was founded in 2004.

  • Who are Apigee key executives?

    Apigee's key executives are Raj Singh and Barry Lieberman.

  • How many employees does Apigee have?

    Apigee has 53 employees.

  • What is Apigee revenue?

    Latest Apigee annual revenue is $92 m.

  • What is Apigee revenue per employee?

    Latest Apigee revenue per employee is $1.7 m.

  • Who are Apigee competitors?

    Competitors of Apigee include Axway, MuleSoft and Object Computing (OCI).

  • Where is Apigee headquarters?

    Apigee headquarters is located at 10 Almaden Blvd, San Jose.

  • Where are Apigee offices?

    Apigee has an office in San Jose.

  • How many offices does Apigee have?

    Apigee has 1 office.