Is a
Funding Round attributes
Funding Type
Funded Company
Funding Round Amount (USD)
175,000,000
Investment
Announcement URL
Funding Round Date
November 19, 2024
Kong Inc. has raised $175 million in a Series E financing round at a $2 billion valuation. Tiger Global led the round, with new investors Balderton and Teachers’ Venture Growth participating alongside existing backers like Andreessen Horowitz and Index Ventures. This funding will support global expansion, product innovation integrating AI capabilities, and customer service enhancements. CEO Augusto Marietti highlighted the company's role in managing APIs for AI and software development.
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