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June 03, 2015 3:45 AM ET

Internet Software and Services

Company Overview of Apigee Corporation

Company Overview

Apigee Corporation develops an application programmable interface (API) based software platform that enables digital connectivity and business insights. Its platform allows businesses to design, deploy, and scale APIs as a connection layer between IT systems and data, and the applications with which its customers, partners, employees, and other users engage with their business. The company’s platform also enables a comprehensive view of the enterprise data the user is consuming and generating, and data about the context in which the customer is using the digital product or service, or contextual data. In addition, its platform provides tools for businesses to drive usage and adoption of APIs...

10 South Almaden Boulevard

16th Floor

San Jose, CA 95113

United States

Founded in 2004

396 Employees

Phone:

408-343-7300

Fax:

408-343-7301

Key Executives for Apigee Corporation

Chief Executive Officer, President and Director
Age: 46
Total Annual Compensation: $312.8K
Vice President of Worldwide Sales
Age: 45
Total Annual Compensation: $270.0K
Compensation as of Fiscal Year 2014.

Apigee Corporation Key Developments

Fujitsu Selects Apigee to Support its Cloud-Based Application Platform

Apigee announced that Fujitsu has chosen Apigee Edge to support its internal IT transformation. Apigee is delivering the API platform to support Fujitsu's initiative in which it is moving its internal IT infrastructure of 640 systems and 13,000 servers into the cloud within the next five years. This IT transformation is designed to increase efficiency and lower costs, and to allow Fujitsu to take advantage of new opportunities in big data and the Internet of Things (IoT). Fujitsu plans to apply the lessons it is learning from its own transformation to the products and services it offers customers. The Apigee intelligent API platform helps companies accelerate digital business. Built from the ground up for the app economy, the Apigee platform enables companies to share data and services, rapidly innovate, and continuously adapt to deliver more value to customers and partners.

Apigee Corporation(NasdaqGS:APIC) added to NASDAQ Composite Index

Apigee Corporation has been added to Nasdaq Composite Index.

Apigee Corporation Mulls Acquisitions

Apigee Corporation is seeking acquisitions. Apigee Corporation has filed an IPO in the amount of $86.25 million. Apigee Corporation said in Form S1, “We currently intend to use the net proceeds we receive from this offering primarily for general corporate purposes, including working capital, sales and marketing activities, solution and platform development, general and administrative matters, and capital expenditures, although we do not currently have any specific or preliminary plans with respect to the use of proceeds for such purposes. We may also use a portion of the net proceeds for the acquisition of, or investment in, technologies, solutions or businesses that complement our business, although we have no present commitments or agreements to enter into any acquisitions or investments.”

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