HQ: Palo Alto, Calif.
CEO: Chet Kapoor
New Funding: $20 million
Backers: Focus Ventures, Bay Partners, Norwest Venture Partners, SAP Ventures, Third Point Ventures
Apigee offers the Apigee Enterprise API Platform, a cloud-based service that helps businesses deliver, manage and measure the effectiveness of APIs deployed and applications built on those APIs. The company counts some 20 percent of the top 100 companies listed in the Fortune 500 among its customers, and it is growing aggressively, having recently acquired Wholesale Applications Community (WAC) to expand its services.