WSO2
3080 Olcott Street, Santa Clara, California, 95054, United States
Overview
WSO2 provides API management, integration, and customer identity and access management (CIAM) software to help enterprises drive digital transformation. The company reports more than 800 customers in over 90 countries and powers secure digital services used by over 100 million consumers in India. WSO2 says its products execute more than 18 trillion transactions and manage more than 500 million identities annually. Thousands of enterprises—including hundreds of large corporations, universities, and governments—use WSO2 for APIs, integration, and CIAM. The company has over 900 employees and offices in Australia, Brazil, Germany, India, Sri Lanka, the UAE, the UK, and the US. Info Edge (via RedStart Labs) has joined the Series E and will contribute strategically to WSO2’s accelerated business expansion across India. WSO2 builds cloud-native solutions for securely delivering APIs, applications, and digital services. Founded in 2005 and headquartered in London, UK, it offers API management, integration, and customer identity and access management (CIAM) used by thousands of enterprises, including hundreds of the world’s largest corporations, top universities, and governments. The company executes more than 18 trillion transactions and manages more than 500 million identities annually. WSO2 has over 900 employees and maintains offices in Australia, Brazil, Germany, India, Sri Lanka, the UAE, the UK, and the US. It raised $90M in growth financing and plans to use the proceeds to accelerate global expansion and invest in its cloud-native offerings. WSO2 delivers a 100% open-source, integrated enterprise middleware platform for building, integrating, managing, securing and analyzing APIs, applications and web services on-premises, in the cloud, on mobile and IoT devices. The company reported 2.2 trillion customer transactions per year running through its cloud and enterprise middleware, and says API Manager subscriptions continue to more than double each year. Cloud solutions contribute to more than 15% of new revenue, and WSO2 ranked 211 on Deloitte’s Technology Fast 500 for 2014. WSO2 plans to use new financing to advance worldwide delivery of next-generation middleware that addresses APIs, IoT, mobile computing and the cloud, and to expand global operations, marketing, sales, support, and channel programs. Its platform is deployed across industries including transportation, automotive, manufacturing, construction, healthcare, communications and smart cities, and the company emphasizes a modular approach to enable rapid customer-driven innovation. WSO2 delivers a complete open-source enterprise SOA middleware stack purpose-built as an integrated platform to support heterogeneous enterprise environments, internally and in the cloud. Its cloud and enterprise middleware products are marketed as modular, interlocking pieces to help enterprises achieve greater agility and fast-track innovation. The company reported a 220% year-over-year increase in new customer bookings in 2012 and cites strong revenues, customer adoption, and scale of deployments worldwide. WSO2 said it will use the $10 million growth financing to expand global operations and to grow marketing, sales, and support teams in the United States and Europe. It is advancing delivery of next-generation middleware solutions that address mobile computing and cloud-fueled IT and business models. The company’s service and support team is led by technical experts with proven success deploying enterprise SOAs and contributing to technology standards, and it recently added TIBCO co-founder John Mathon as vice president of product marketing. WSO2 is a lean enterprise middleware company offering open-source middleware platforms including WSO2 Carbon and WSO2 Stratos. Carbon is presented as a fully componentized middleware platform and Stratos as a 100% open-source cloud platform available as a cloud-enabled application platform (CEAP) and PaaS. The company reported strong operating metrics: 95% revenue growth in 2010 over 2009, a 175% increase in new customer acquisitions, more than 500 billion customer transactions per year, and a renewal rate above 90% for Carbon production support customers. One leading ecommerce customer runs up to 800 million messages per day through the WSO2 Enterprise Service Bus. WSO2 has grown to more than 120 employees, an increase of over 30% in the prior year. The company plans to use new funding to expand global operations, grow its Silicon Valley marketing, sales and support teams, and extend its PaaS offerings to meet rising global demand.
- Total raised
- $130M
- Funding rounds
- 5
- Latest round
- Series E
- Latest activity
- May 2022
Industries
- Enterprise Software
- Information Technology
- Open Source
- SaaS
- Software
Recent funding
Series E
May 2022
$3M
Equity
Nov 2021
$90M
Equity
Aug 2015
$20M
Equity
Feb 2013
$10M
Equity
May 2011
$7M