Apigee Delivers New Business APIs for Digital Commerce

 

Apigee Commerce APIx Can Help Companies Rapidly Mobilize And Engage Users Across Channels

 

SAN JOSE, Calif. —   Apigee® (NASDAQ: APIC), the API company, today announced Apigee Commerce APIx, a new software accelerator designed to help companies selling products online jump-start their API-powered digital commerce initiatives. Built on Apigee Edge, a leading API management platform, Apigee Commerce APIx features a set of open-source, ready-to-use digital commerce APIs and a purpose-built developer portal to help retailers or any other company quickly build a modern digital commerce program. Apigee Commerce APIx adds another key offering to Apigee’s APIx family, a suite of industry-specific business APIs. 

 

“There’s increasing pressure today for companies to quickly adapt to demand for digital experiences -- or risk becoming irrelevant. Our Commerce APIx solution provides a head start for companies looking to expand, build or accelerate their e-commerce initiatives,” Anurag Wadehra, Apigee CMO and vice president, solutions.

 

“In every industry, there are APIs that are proving to have real business impact – and Apigee Commerce APIx delivers the core set of APIs that we believe can help companies quickly build modern, cross-channel commerce applications,” continued Wadehra.

 

Many retailers are focusing on leveraging APIs to offer customers instant, personalized engagement through multiple online and physical channels.  Today, four of the top five largest retailers in the world[1] leverage Apigee to help them manage, secure and scale their API programs.

 

Kristopher Kleva, technical lead for e-commerce at outdoor and clothing retailer L.L. Bean, noted, “The escalating competition in e-commerce means we all must adapt - fast.  We are focusing on our core commerce APIs to deliver rich digital experiences that our customers expect and demand. We started over one hundred years ago as a mail-order and retail pioneer, and now we’re proud to be seen as a digital pioneer – and Apigee is helping us do this.”

 

Apigee and L.L. Bean Webcast – Aug. 25

Apigee is teaming up with Kleva to host a webcast to showcase the importance of retail APIs, provide tips to accelerate e-commerce initiatives, and demonstrate Apigee’s Commerce APIx solution. The webcast, L.L.Bean’s API Journey: Digital Commerce Done Right, will take place on Aug. 25, 2016 at 10:00 a.m. Pacific time.

 

Apigee Commerce APIx leverages Apigee Edge, Apigee’s flagship product and leading API management software. It provides business APIs that help brands build rich e-commerce experiences, connect with users on mobile and social channels, and help create customer loyalty. The Apigee Commerce APIx solution will provide digital teams, including mobile and web developers, with access to capabilities including:

  • A commerce-specific developer portal with API documentation and tools;
  • A collection of pre-configured API proxies for commerce APIs that support core retail functions, including categories like Core (authentication, product, collection search and cart), Engagement (promotions, recommendations and personalized product search) and Fulfillment;
  • Commerce APIs that can be consumed by mobile apps, web apps and other APIs, built in a RESTful architectural style with data represented in JSON.

 

Apigee Commerce APIx delivers the benefits of the Apigee Edge API management platform, including API security, API analytics, and developer on-boarding capabilities. For more information about Apigee Commerce APIx, go to http://apigee.com/about/solutions/commerce-apix.

 

About Apigee

Apigee® (NASDAQ: APIC) provides a leading API platform. Many of the world's largest organizations select Apigee to enable their digital business, including more than 30 percent of the Fortune 100, four of the top five Global 2000 retail companies, and five of the top 10 global telecommunications companies. Apigee customers include global enterprises such as Walgreens, Burberry, Morningstar, and First Data. For more information, go to http://apigee.com.

 

Safe Harbor Statement

This press release contains forward-looking statements, including statements regarding the expected need for enterprises to offer digital experiences and the potential future customer benefits of using Apigee’s products. These forward-looking statements are based on current expectations and are subject to inherent uncertainties, risks and changes in circumstances that are difficult or impossible to predict. Consequently, you should not rely on these forward-looking statements.  Actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of such uncertainties, risks and changes in circumstances, including without limitation risks and uncertainties related to introducing new products successfully; market adoption of digital technologies; the ability of Apigee’s software to meet its customers’ needs; the quality of Apigee’s software, support and services and related infrastructure capacity; and any incorrect implementation or use of Apigee software.

 

The foregoing list of factors is not exclusive. Additional risks and uncertainties that could affect Apigee’s financial and operating results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" and elsewhere in Apigee’s Quarterly Report on Form 10-Q filed with the SEC on May 27, 2016. Apigee’s SEC filings are available on the Investor Relations section of the Company’s website at http://investors.apigee.com and on the SEC's website at www.sec.gov. Apigee disclaims any obligation to update the forward-looking statements provided to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

 

Connect with Apigee

Apigee blog: /about/blog/front

Apigee community: https://community.apigee.com/

Twitter: https://twitter.com/Apigee

LinkedIn: https://www.linkedin.com/company/apigee

Apigee is a registered trademark in the U.S. All other trademarks mentioned herein are property of their respective owners.

# # #

 

Media Contact:

press@apigee.com

 



[1] Forbes Global 2000, 2016: http://www.forbes.com/pictures/flhm45edljh/wal-mart-dominates-but-a/#6ba430b97cdc

 

 

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    Apigee Announces Date of Fourth Quarter and Fiscal 2016 Financial Results Conference Call

    SAN JOSE, Calif., Aug. 16, 2016 (GLOBE NEWSWIRE) -- Apigee (NASDAQ:APIC), the API company, announced that it will report its financial results for the fourth quarter and fiscal year ended July 31, 2016 after market close on Wednesday, September 14, 2016. The company also announced that it will hold a conference call on the same day at 5:00 PM Eastern Time (2:00 PM Pacific Time) to discuss its financial results. The conference call may include forward-looking statements.

    The conference call can be accessed by dialing 1-877-407-4018 from the United States or 1-201-689-8471 internationally, with reference to the company name and conference title.  A live webcast of the conference call can be accessed from the investor relations page of Apigee’s company website at http://investors.apigee.com. Following the completion of the call, a recorded replay will be available on the company’s website, and a telephone replay will be available through 11:59 PM Eastern Time on September 21, 2016 by dialing 1-877-870-5176 from the United States or 1-858-384-5517 internationally, with recording access code 13642878.

    About Apigee

    Apigee® (NASDAQ:APIC) provides a leading API platform for digital business. Many of the world's largest organizations select Apigee to power their digital business, including over 30 percent of the Fortune 100, four of the top five Global 2000 retail companies, and five of the top 10 global telecommunications companies. Apigee customers include global enterprises such as Walgreens, Burberry, Morningstar, and First Data. Apigee is headquartered in San Jose, California.

    Media contact:

    press@apigee.com

    
    

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      Apigee Powering Accuweather APIs to Help Developers Quickly Build Apps with Innovative Weather Experiences

       

      AccuWeather Selects Apigee API Management for its New Self-Service Developer Portal 

       

      SAN JOSE, Calif. - Aug. 11, 2016 - Apigee® (NASDAQ: APIC), the API company, today announced that AccuWeather, a global weather information and digital media leader, has selected the Apigee Edge API management software to support AccuWeather’s new API Developer Portal, Accuweather APIs.  The self-service portal gives software developers immediate, easy access to AccuWeather’s APIs to develop custom applications that integrate the power of AccuWeather’s big weather data and services, including detailed weather conditions and forecasts with Superior Accuracy™, in order to drive business results. The portal is designed to benefit software developers in small businesses and startups, creating opportunities to build apps with innovative weather experiences.

      “Small businesses told us the many ways they would benefit from AccuWeather’s proprietary APIs available through a personalized self-service experience,” said AccuWeather Senior Technical Account Manager Mark Iannelli. “And we listened.”

      AccuWeather leader Chris Patti, chief technology officer, said, “With Apigee’s strategic guidance and comprehensive API management software, we were able to design, develop, and launch our new Developer API site to access our industry-leading APIs in a few short weeks.  The portal also provides high levels of flexibility to customize API content within hours, enabling AccuWeather to quickly respond and adapt the site to meet our clients’ needs.”

      AccuWeather provides hourly and minute-by-minute forecasts every day for over 1.5 billion people worldwide, serving over 15 billion data requests per day worldwide. The new Accuweather API Developer Portal empowers small businesses, startups, and independent developers to use the power of AccuWeather data to build unique, innovative weather experiences. Portal users can quickly and easily access and leverage AccuWeather’s API endpoints, including Locations, Current Conditions, Daily and Hourly Forecasts, and Weather Alarms, within their own applications. Easy demo sign-ups and a full self-service site make the integrations an easy, way  to drive fast results. 

       

      Apigee Edge is comprehensive, enterprise-grade API management software that empowers organizations like AccuWeather to securely deliver and manage APIs and API traffic at scale. Apigee Edge includes full lifecycle API management capabilities including API gateway; developer portal; API, app and developer analytics; global policy enforcement; multi-tenancy support for high scale, and more.

       

      “AccuWeather’s new developer portal is an excellent example of how organizations are leveraging APIs to rapidly broaden their market reach on a global scale,” said Ed Anuff, senior vice president of strategy at Apigee. “We have found that developers are increasingly demanding a self-service online experience, and AccuWeather’s portal seamlessly delivers this. We are proud to partner with AccuWeather – recently recognized as the most accurate source of weather forecasts and warnings in the world - to help them create and manage new ways to support client needs through API innovation.”

       

      Register today for the ‘Adapt or Die’ World Tour – Starting Sept. 27 in SF

       

      Apigee’s ‘Adapt or Die’ World Tour  – a series of digital business how-to events held in major cities across the globe – starts on September 27 in San Francisco. Adapt or Die events are content-rich, one-day conferences focused on #DigitalKnowHow and designed to deliver unprecedented levels of expertise and information on how businesses can leverage APIs to adapt and thrive in today’s rapidly evolving digital world. A highlight of the San Francisco event will be the premier of Adapt or Die: an exciting and unexpected action adventure film about the promise and peril digital disruption.

       

      To register for the Adapt or Die event in San Francisco today, go to adapt.apigee.com.

       

      About Apigee

      Apigee® (NASDAQ: APIC) provides a leading API platform. Many of the world's largest organizations select Apigee to enable their digital business, including over 30 percent of the Fortune 100, four of the top five Global 2000 retail companies, and five of the top 10 global telecommunications companies. Apigee customers include global enterprises such as Walgreens, Burberry, Morningstar, and First Data. Apigee is headquartered in San Jose, California.

       

      About AccuWeather, Inc. and AccuWeather.com

      Every day over 1.5 billion people worldwide rely on AccuWeather to help them plan their lives, protect their businesses, and get more from their day. AccuWeather provides hourly and Minute by Minute™ forecasts with Superior Accuracy™ with customized content and engaging video presentations available on smartphones, tablets, free wired and mobile Internet sites, connected TVs, and Internet appliances, as well as via radio, television, and newspapers. Established in 1962 by Founder, President, and Chairman Dr. Joel N. Myers – a Fellow of the American Meteorological Society who was recognized as one of the top entrepreneurs in American history by Entrepreneur Magazine’s Encyclopedia of Entrepreneurs – AccuWeather also delivers a wide range of highly-customized enterprise solutions to media, business, government, and institutions, as well as news, weather content, and video for more than 180,000 third-party websites. AccuWeather’s CEO, Barry Lee Myers, is an award winning leader in global weather information issues and one of the world’s most recognized advocates for cooperative relationships between government weather agencies and the weather industry. He is a leader in the digital weather information space.

       

      Safe Harbor Statement

      This press release contains forward-looking statements, including statements regarding market adoption of digital technologies, planned customer adoption and implementation of Apigee’s products, potential future customer opportunities and opportunities between Apigee and AccuWeather. These forward-looking statements are based on current expectations and are subject to inherent uncertainties, risks and changes in circumstances that are difficult or impossible to predict. Consequently, you should not rely on these forward-looking statements. Actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of such uncertainties, risks and changes in circumstances, including without limitation risks and uncertainties related to market adoption of digital technologies, the ability of Apigee’s software to meet its customers’ needs, the quality of Apigee’s software, support and services and related infrastructure capacity and any incorrect implementation or use of Apigee software.

      The foregoing list of factors is not exclusive. Additional risks and uncertainties that could affect Apigee’s financial and operating results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" and elsewhere in Apigee’s Quarterly Report on Form 10-Q filed with the SEC on May 27, 2016. Apigee’s SEC filings are available on the Investor Relations section of the Company’s website at http://investors.apigee.com and on the SEC's website atwww.sec.gov. Apigee disclaims any obligation to update the forward-looking statements provided to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

       Connect with Apigee

      Apigee blog: https://blog.apigee.com/front

      Apigee community: https://community.apigee.com/

      Twitter: https://twitter.com/Apigee

      LinkedIn: https://www.linkedin.com/company/apigee

      ###

      Apigee is a registered trademark in the U.S. Other product or company names mentioned may be trademarks or trade names of their respective companies.

      Apigee Media Contact:

      press@apigee.com

       

       

       

       

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        Apigee and Pivotal Extend Integration to Deliver Unified API and Microservices Management for Pivotal Cloud Foundry Applications

         

        Apigee’s Capability for Managing Microservices Now Supported in Pivotal’s Cloud Native Platform

         

        SPRINGONE PLATFORM, LAS VEGAS, NEV. – Apigee® (NASDAQ: APIC), the API company, and Pivotal®, a company accelerating digital transformation and modern application development for enterprises, today announced that the Microgateway capability in the Apigee Edge API management software is now supported by Pivotal Cloud Foundry®. With this extension of the Apigee-Pivotal integration, developers can more easily leverage Apigee’s API management software to share, monitor and secure APIs and microservices for applications developed with Pivotal’s cloud native platform.

        Apigee will be demonstrating the Apigee Edge Microgateway capability with Pivotal Cloud Foundry at the SpringOne Platform conference today in the session titled, “Publish, Secure, and Monitor APIs with Cloud Foundry Route Services,” presented by Apigee’s Ed Anuff and Carlos Eberhardt.

        “Enterprises are struggling with the complexity of a microservices architecture. Hands down the most challenging aspect of managing microservices is the sheer scale of inter-microservices communication. The hub-and-spoke model of managing inter-services communication from legacy ESB vendors simply cannot scale,” said Ed Anuff, Apigee vice president of strategy.

        “Developers need a common and consistent way for managing the communications between their cloud native platform workloads as microservices as well as sharing and reusing these more broadly in the form of published and managed APIs. We believe that this is a unique solution for building and managing APIs at cloud scale in a widely used enterprise cloud native platform,” Anuff continued.

        The Apigee Edge Microgateway capability empowers businesses to optimize the performance, availability and capacity of their API systems by providing a hybrid cloud deployment option for the Apigee Edge API management platform. The Apigee Edge Microgateway architecture delivers security and key features such as spike arrest, quota, and analytics, but with a smaller footprint than the full Apigee Edge platform. It can also help simplify deployment, reduce latency, and improve the performance of API programs powered by Apigee Edge software.

        While Pivotal Cloud Foundry already provides tools for developers to build and deploy APIs and microservices, the integration of the Apigee Edge Microgateway solution empowers them to more easily share and monitor these APIs and microservices. It does this by providing developers with uniform access control and traffic management, as well as automatically collecting the data surrounding the APIs and microservices and making it available in Apigee Edge. In addition to gaining more visibility into the health and security of APIs being exposed to the outside world, this latest enhancement to the Pivotal-Apigee integration also provides developers with insights into APIs being exposed to other apps within Pivotal Cloud Foundry.


        "Apigee's comprehensive approach to API management will have a huge impact on companies that transition to microservices," said James Watters, senior vice president, Products at Pivotal. "Combining Apigee Microgateway with Pivotal's cloud-native platform helps companies quickly deliver secure, maintainable microservices at cloud scale."

        The Apigee Edge Microgateway capability integrated with Pivotal Cloud Foundry is available today for Apigee-Pivotal joint customers. It will be more widely available later this year.  

         

        Related links:

        Apigee and Pivotal Team Up (press release)

        Pivotal Cloud Foundry and Apigee (overview)

        Apigee and Pivotal Cloud Foundry (blog post)

         

        About Apigee

        Apigee® (NASDAQ: APIC) provides a leading cloud native API platform for digital business. Many of the world's largest organizations select Apigee to enable their digital business, including 33 percent of the Fortune 100, four of the top five Global 2000 retail companies, and five of the top 10 global telecommunications companies. Apigee customers include global enterprises such as Walgreens, Burberry, Morningstar, and First Data. Apigee is headquartered in San Jose, California.

         

        Connect with Apigee

        Apigee blog: /about/blog/front

        Apigee community: https://community.apigee.com/

        Twitter: https://twitter.com/Apigee

        LinkedIn: https://www.linkedin.com/company/apigee

         

        About Pivotal

        Pivotal’s Cloud Native platform drives software innovation for many of the world’s most admired brands. With millions of developers in communities around the world, Pivotal technology touches billions of users every day. After shaping the software development culture of Silicon Valley's most valuable companies for over a decade, today Pivotal leads a global technology movement transforming how the world builds software.

        ###


        ©2016 Pivotal Software, Inc. All rights reserved. Pivotal and Pivotal Cloud Foundry are trademarks and/or registered trademarks of Pivotal Software, Inc. in the United States and/or other countries.  Apigee is a registered trademark in the U.S. Other product or company names mentioned may be trademarks or trade names of their respective companies.
         

        Safe Harbor Statement


        This press release contains forward-looking statements, including statements regarding the availability and planned functionality, adoption and implementation of Apigee products and the potential future impact and benefits to customers of using them, potential future customer opportunities and opportunities between Apigee and Pivotal. These forward-looking statements are based on current expectations and are subject to inherent uncertainties, risks and changes in circumstances that are difficult or impossible to predict. Consequently, you should not rely on these forward-looking statements. Actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of such uncertainties, risks and changes in circumstances, including without limitation risks and uncertainties related to market adoption of digital technologies, the ability of Apigee’s software to meet its customers’ needs, the quality of Apigee’s software, support and services and related infrastructure capacity and any incorrect implementation or use of Apigee software.
        The foregoing list of factors is not exclusive. Additional risks and uncertainties that could affect Apigee’s financial and operating results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" and elsewhere in Apigee’s Quarterly Report on Form 10-Q filed with the SEC on May 27, 2016. Apigee’s SEC filings are available on the Investor Relations section of the Company’s website at http://investors.apigee.com and on the SEC's website at www.sec.gov. Apigee disclaims any obligation to update the forward-looking statements provided to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

        Apigee Media Contact:
         
        press@apigee.com
        415-275-6249
         

         

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          Apigee Extends API Monetization for B2B Businesses

           

          MapQuest Leveraging Apigee to Help Maximize the Value of its Digital Assets with Both Developers and Enterprise Customers


          SAN JOSE, Calif. – Apigee, the API company, today announced that the Apigee Edge API management software delivers new capabilities to help businesses monetize API programs with a wider ecosystem of API users, from individual app developers to large enterprise customers. Apigee Edge now supports enterprise-grade API monetization models appropriate for large enterprise customers that may have complex on-boarding logistics from legacy vendor systems, customized contracts, and massive API volumes.

          “APIs have become a competitive advantage for many enterprises, such as MapQuest. Finding the right API commerce solution is important for all companies to deliver more effective and lucrative business models for their API ecosystems, as we identified while working with MapQuest. Models like revenue sharing or pay-by-performance can go a long way in attracting and keeping developers, and we are now extending our monetization capabilities to serve the requirements of big businesses consuming APIs,” said Anant Jhingran, Apigee CTO.


          API Monetization: No One-Size-Fits-All

          Apigee Edge’s API monetization capabilities are designed to help companies maximize the business value and foster rapid growth of their digital programs. With Apigee, customers can manage the end-to-end process of monetizing APIs – including creating rate plans, managing limits and notifications, configuring reports and billing documents, and delivering a developer portal to maximize API program value.

          With the enhancements announced today, the monetization capabilities in Apigee Edge enable businesses to deploy API commerce solutions appropriate for companies with complex business-to-business (B2B) business models. Key new monetization capabilities in Apigee include:

           

          •     Partner and API traffic on-boarding: This new capability enables Apigee customers to move traffic from existing in-house and legacy vendor systems with little to no downtime, easily transfer previous API usage state, and expose monetized API traffic on Apigee.
          •     Custom rate plans: This feature provides a simple interface to enable companies to manage API rate plans with custom properties, such as API quotas shared by multiple developers within the same company.
          •     Generic notifications with guaranteed delivery: With Apigee’s new Webhook-based notifications feature, customers can set up automatic delivery of rate plan limit notifications to their in-house notification systems. Users can register an in-house notification system with Apigee, and notifications will be delivered and retried for delivery in case of network issues.  



          MapQuest Extending Value of its APIs with Apigee Monetization

          MapQuest, one of the most recognized mapping brands, benefits from a large ecosystem of software developers, from businesses big and small, that use its APIs to build and run apps that use MapQuest data, such as its geolocation and mapping services.

          Apigee Edge and the Apigee Edge monetization capability have helped MapQuest better manage their B2B business. Apigee Edge has enabled MapQuest to offer their products via a virtual, self-service storefront. They can now more effectively manage and cater to a wider range of customers with varying needs, regardless of application type, user base, or stage of development.

          The monetization capability in Apigee Edge appealed to MapQuest's enterprise-level customers. With the ability to customize their interaction with the platform, MapQuest has created an improved customer experience by quickly serving pertinent information to customers regarding their contracts. Now all of MapQuest’s API traffic passing through Apigee is automatically analyzed for the appropriate micro-charge stipulated by the customers’ contract. Enterprise customers receive email notifications once they've reached a specified percentage of their contract quota, giving them the tools to make decisions about their usage and contract needs and making for a better overall customer experience. Internally, MapQuest is now able to make better, data-driven decisions based off of the traffic they send through Apigee.

          “API ecosystems are getting bigger, more complex and more business-critical,” said Jennifer Kinney, chief technology officer and vice president of engineering at MapQuest. “It’s important that businesses have the freedom to deploy many different ways to orchestrate value creation through APIs. Apigee’s monetization capabilities provide the flexibility and agility to allow API providers to quickly determine and execute on the right business strategy for their digital initiatives.”


          The Apigee Edge platform is an enterprise-grade API management platform that empowers organizations like MapQuest to securely deliver and manage APIs and API traffic at scale. In addition to API monetization, Apigee Edge includes comprehensive API management capabilities including API gateway, developer portal, analytics, multi-tenancy support for high scale, and much more.


          The Apigee Edge API management software is part of Apigee’s enterprise-grade API platform, which also includes Apigee Insights, an API-based, self-service predictive analytics solution; Apigee Link, an API-first Internet of Things (IoT) product for connecting devices to the Internet; and Apigee Sense, an intelligent API security product.



          About Apigee

          Apigee® (NASDAQ: APIC) provides a leading API platform for digital business. Many of the world's largest organizations select Apigee to power their digital business, including 33 percent of the Fortune 100, four of the top five Global 2000 retail companies, and five of the top 10 global telecommunications companies. Apigee customers include global enterprises such as Walgreens, Burberry, Morningstar, and First Data. Apigee is headquartered in San Jose, California.


          Safe Harbor Statement


          This press release contains forward-looking statements, including statements regarding the launching of and planned functionality, adoption and implementation of products developed by Apigee; the potential future customer benefits of using Apigee technology; the market adoption of digital technologies; planned customer adoption and implementation of Apigee’s products; and potential future customer opportunities and opportunities between Apigee and MapQuest. These forward-looking statements are based on current expectations and are subject to inherent uncertainties, risks and changes in circumstances that are difficult or impossible to predict. Consequently, you should not rely on these forward-looking statements. Actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of such uncertainties, risks and changes in circumstances, including without limitation risks and uncertainties related to market adoption of digital technologies, the ability of Apigee’s software to meet its customers’ needs, the quality of Apigee’s software, support and services and related infrastructure capacity and any incorrect implementation or use of Apigee software.

          The foregoing list of factors is not exclusive. Additional risks and uncertainties that could affect Apigee’s financial and operating results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" and elsewhere in Apigee’s Quarterly Report on Form 10-Q filed with the SEC on May 27, 2016. Apigee’s SEC filings are available on the Investor Relations section of the Company’s website at http://investors.apigee.com and on the SEC's website at www.sec.gov. Apigee disclaims any obligation to update the forward-looking statements provided to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

          About MapQuest

          MapQuest, an innovator in the digital mapping industry, continues to be one of the leading mapping brands, reaching more than 42 million multi-platform users around the world.* We enable everyday explorers to find, learn about and locate their desired destinations and we work with businesses to build great location-based experiences. We work with our clients to provide access to innovative products and solutions to help them address rapidly changing demands and trends. MapQuest, Inc., a wholly owned subsidiary of AOL Inc., is based in Denver, Colo. For more information, please visit http://www.mapquest.com or https://developer.mapquest.com. Join the conversation on Twitter (@MQDeveloper).


          *According to comScore Multi-Platform Worldwide Audience Custom Report, Avg. Jan15-Dec'15


          Connect with Apigee

          Apigee blog: https://blog.apigee.com/front

          Apigee community: https://community.apigee.com/

          Twitter: https://twitter.com/Apigee

          LinkedIn: https://www.linkedin.com/company/apigee

          # # #


          Apigee is a registered trademark in the U.S. Other product or company names mentioned may be trademarks or trade names of their respective companies.



          Apigee Media Contact:

           

          press@apigee.com

          Share this press release

            Apigee Joins Cloud Native Computing Foundation

             

            API Management Leader Joins Open Source Organization to Help Advance the Development of Cloud Native Technology and Services

             

            SAN JOSE, Calif., – Apigee® (NASDAQ: APIC), the API company, today announced that it has joined the Cloud Native Computing Foundation (CNCF), a Linux foundation project and organization dedicated to advancing the development of cloud native technology and services. Apigee develops a leading API management platform designed for building and managing modern, cloud native applications.

             

            “We are committed to helping enterprises adapt and thrive in today’s connected economy by powering the APIs that are key to ‘built for the cloud’ applications. Kubernetes is being deployed by many of Apigee’s customers. Our participation in the Cloud Native Computing Foundation gives us the opportunity to work with other companies to help shape the direction of API features and functionality in Kubernetes and other container and cloud technologies,” said Ed Anuff, Apigee senior vice president of strategy.

            A core contributor to the OpenAPI foundation, Apigee plans to contribute to the CNCF community by providing input on how OpenAPI (also known as Swagger) can be used within cloud native applications. Many of Apigee's enterprise customers run API workloads in public and/or private clouds, and Apigee will bring to the CNCF a perspective on enterprise experiences for building and operating APIs in public and hybrid cloud scenarios.

            “We are thrilled to welcome Apigee as our newest member of CNCF,” said Dan Kohn, executive director of the Cloud Native Computing Foundation. “The company’s dedication to advancing the development of cloud native technologies is an exciting addition to our growing community.”

            The Apigee Edge API management software is part of Apigee’s cloud native API platform, which also includes Apigee Insights, an API-based, self-service predictive analytics solution; Apigee Link, an API-first Internet of Things (IoT) product for connecting devices to the Internet; and Apigee Sense, an intelligent API security product.

            In addition to its enterprise-grade API platform, Apigee delivers a robust set of developer tools for building and managing APIs. Developers can take advantage of open source components for building production-grade APIs such as OpenAPI specification (formerly known as Swagger).  Apigee API BaaS (backend-as-a-service) gives app developers a set of out-of-the-box APIs for common features such as NoSQL persistence. Combined with Apigee’s Node.js runtime and tools, Apigee’s developer tools can deliver what developers need to quickly build well-designed APIs.

            Apigee contributes to a number of organizations that promote the advancement of and ecosystems around open source projects.  In addition to the CNCF, today Apigee is a member of the Open API Foundation, the Cloud Foundry Foundation, and the Node Foundation. The company also contributes to the Usergrid project at the Apache Foundation.

             

            About Apigee

            Apigee® (NASDAQ: APIC) provides a leading cloud native API platform for digital business. Many of the world's largest organizations select Apigee to enable their digital business, including 33 percent of the Fortune 100, four of the top five Global 2000 retail companies, and five of the top 10 global telecommunications companies. Apigee customers include global enterprises such as Walgreens, Burberry, Morningstar, and First Data. Apigee is headquartered in San Jose, California.

             

            Connect with Apigee

            Apigee blog: https://blog.apigee.com/front

            Apigee community: https://community.apigee.com/

            Twitter: https://twitter.com/Apigee

            LinkedIn: https://www.linkedin.com/company/apigee

             

            ###

             

            Apigee is a registered trademark in the U.S. Other product or company names mentioned may be trademarks or trade names of their respective companies.

             

            Apigee Media Contact:

            press@apigee.com

             

             

             

             

             

             

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              Apigee Helping Kao Sales Teams ‘Look Good’ When Visiting Salons

              Forbes Global 2000 Company Leveraging Apigee API Management to Arm its Sales Representatives with Data – Creating Premium Beauty Experience

               

              SAN JOSE, Calif.,  – Apigee® (NASDAQ: APIC), the API company, today announced that Kao Corporation, a leading global manufacturer of premium beauty care brands like Jergens®, John Frieda® and Goldwell®, has selected the Apigee Edge API management software to help the Global 2000 company build and deliver modern APIs and apps. Today, Kao Corporation’s Apigee-powered Sales Partner mobile app promotes sales efficiencies by arming its sales representatives with near-real time sales data and customer information delivered online or offline on iPads. Digital solutions like the Sales Partner app are designed to help Kao maintain its position as an industry leader in today’s increasingly mobile and digital world.

              For more than 120 years, Kao Corporation has been representing premium skin and hair care brands that are recognized worldwide for their innovation and quality. In addition to Jergens®, John Frieda®, and Goldwell®, iconic Kao brands in the AEMEA division also include Curél® body lotions, Ban® antiperspirants, Bioré® facial care, and Guhl® and KMS California® hair care products.  Headquartered in Tokyo, Japan, Kao Corporation generates $12.16B in annual sales and has a market cap of approximately $26B as of May 2016.

              Kao selected Apigee’s API platform to help build apps that more easily integrate with partners and external systems, including mobile and cloud solutions. The company’s recently launched Sales Partner app provides Kao sales representatives with a large amount of sales KPIs (key performance indicators), territory and customer data, easily accessible while visiting salon customers.  The app integrates with Kao’s core systems including ERP, business intelligence, and CRM.  It provides near-instant access to customer sales and product information such as high and low-performing product information and other critical sales data relevant to each customer. Future features leveraging Apigee will include more app-to-app integrations such as mobile order entry apps as well as product related and marketing asset apps.  The Kao apps using Apigee APIs can provide a connected and seamless experience for the sales rep so they can provide a premium beauty customer service for their salons.

               

              “In today’s hyper-connected world, gone are the days of stacks of outdated paper reports in the trunks of sales people’s cars, as well as isolated backend systems that may or may not be able to connect to each other -- let alone to external partners and mobile or cloud apps,” said Keith Soward, Application Group Manager at Kao USA. “Our customers want immediate access to real-time product and customer data, custom-tailored to their needs.  We need to be agile and fast.  Sales and marketing teams can’t wait six months to get the app or data they need in order to drive sales.  We have to have our data available for new apps, new technology, new partners, and new ecosystems. 

              “Digital disruption is real and we want to disrupt the disrupters.  The specific Sales Partner apps using Apigee API management make our sales people look good when they walk into a salon and will help enhance our sales efficiencies and professionalism, empowering us to more aggressively compete with digital natives entering our industry,” he continued.

              “Adapting to the new digital world is a requirement in many industries today, and beauty care is no exception,” said Ed Anuff, Apigee’s senior vice president of strategy.  “Global manufacturing companies like Kao Corporation are seeking to easily expose their internal systems to create personalized and engaging customer experiences.  We believe that through solutions like the Salon Partner app, Apigee’s API management can help enable Kao Corporation increase customer engagement and interaction time, and ultimately drive more sales.”

              The Apigee Edge platform is enterprise-grade API management software that empowers organizations like Kao Corporation to securely deliver and manage APIs and API traffic at scale. Apigee Edge includes comprehensive lifecycle API management capabilities including API gateway; developer portal; API, app and developer analytics; API monetization features; multi-tenancy support for high scale, and more.

              The Apigee Edge API management software is part of Apigee’s cloud native API platform, which also includes Apigee Insights, an API-based, self-service predictive analytics solution; Apigee Link, an API-first Internet of Things (IoT) product for connecting devices to the Internet; and Apigee Sense, an intelligent API security product.

               

              About Apigee

              Apigee® (NASDAQ: APIC) provides a leading cloud native API platform for digital business. Many of the world's largest organizations select Apigee to enable their digital business, including 33 percent of the Fortune 100, four of the top five Global 2000 retail companies, and five of the top 10 global telecommunications companies. Apigee customers include global enterprises such as Walgreens, Burberry, Morningstar, and First Data. Apigee is headquartered in San Jose, California.

               

              Safe Harbor Statement

              This press release contains forward-looking statements, including statements regarding market adoption of digital technologies, planned customer adoption and implementation of Apigee’s products, potential future customer opportunities and opportunities between Apigee and Kao Corporation. These forward-looking statements are based on current expectations and are subject to inherent uncertainties, risks and changes in circumstances that are difficult or impossible to predict. Consequently, you should not rely on these forward-looking statements. Actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of such uncertainties, risks and changes in circumstances, including without limitation risks and uncertainties related to market adoption of digital technologies, the ability of Apigee’s software to meet its customers’ needs, the quality of Apigee’s software, support and services and related infrastructure capacity and any incorrect implementation or use of Apigee software.

               

              The foregoing list of factors is not exclusive. Additional risks and uncertainties that could affect Apigee’s financial and operating results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" and elsewhere in Apigee’s Quarterly Report on Form 10-Q filed with the SEC on May 27, 2016. Apigee’s SEC filings are available on the Investor Relations section of the Company’s website at http://investors.apigee.com and on the SEC's website at www.sec.gov. Apigee disclaims any obligation to update the forward-looking statements provided to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

               

              Connect with Apigee

              Apigee blog: http://apigee.com/about/blog/

              Apigee community: https://community.apigee.com/

              Twitter: https://twitter.com/Apigee

              LinkedIn: https://www.linkedin.com/company/apigee

               

              ###

               

              Apigee is a registered trademark in the U.S. Other product or company names mentioned may be trademarks or trade names of their respective companies.

               

              Apigee Media Contact:

              press@apigee.com

               

              Share this press release

                Apigee Launches “Adapt or Die” #DigitalKnowHow World Tour

                API Leader Bringing its Popular Digital How-to Events to Cities Across the Globe; Registration for “Adapt or Die” San Francisco Now Open

                SAN JOSE, Calif. – June 22, 2016 – Apigee® (NASDAQ: APIC), the API company, today announced the Adapt or Die World Tour, a series of digital business how-to events held in major cities across the globe. Adapt or Die events are content-rich, one-day conferences focused on #DigitalKnowHow. They are designed to deliver unprecedented levels of expertise and information on how businesses can leverage APIs to adapt and thrive in today’s rapidly evolving digital world.

                Registration for the kick-off Adapt or Die event in San Francisco on Sept. 27, 2016, is now open.  A highlight of the San Francisco event will be the premier of Adapt or Die: an exciting and unexpected action adventure film about the promise and peril of digital disruption. To register for the Adapt or Die event in San Francisco today, go here or to adapt.apigee.com.

                “At Apigee, we’ve always loved APIs, and we are excited to see how companies across the globe are increasingly leveraging scalable, secure APIs as the foundation for digital business,” said Anurag Wadehra, Apigee chief marketing officer.  “To reflect what we believe to be the business-critical nature of APIs as essential components for companies to win in today’s digital economy, we’ve changed the name of the conference series from ‘I love APIs’ to ‘Adapt or Die.’

                “Adapt or Die events will showcase the leading-edge technology, business expertise, hands-on case studies and thought leadership that Apigee events are known for, and we’re now bringing them much closer to many of our customers,” he continued.

                Superior Content and Peer Learning: Not Mega Conference

                Apigee’s Adapt or Die events will be limited to an attendance of 500 people to allow for a more intimate and interactive environment that promotes meaningful discussions with peers and industry experts. The events will provide attendees an opportunity to engage and learn how companies can use digital technologies and strategies to navigate a variety of new challenges in building digital business and heterogeneous cloud environments.

                Attendees can plan to gain deep insights from practitioners who are shaping the future of digital business across industries using APIs, including financial services and banking, media and entertainment, retail, healthcare, and telecommunications.

                “After listening to our customers, we knew we wanted to create an environment that would allow for greater networking opportunities and a chance to come away with real, tangible lessons for how to use APIs as part of a digital business today. These are benefits a larger conference often can’t deliver,” continued Wadehra.

                The “Adapt or Die” #DigitalKnowHow World Tour will kick-off at the iconic Palace of Fine Arts in San Francisco on September, 27, 2016.  Additional Adapt or Die events will be held soon thereafter in Chicago, New York, Sydney and London.

                For the latest information or to register for Adapt or Die, go to adapt.apigee.com or follow #DigitalKnowHow on Twitter.

                Apigee’s flagship Apigee Edge API management software empowers organizations to securely deliver and manage APIs, with agility and at scale. Apigee Edge is part of Apigee’s leading cloud native API platform, which also includes Apigee Insights, an API-based, self-service predictive analytics solution; Apigee Link, an API-first Internet of Things (IoT) product for connecting devices to the Internet; and Apigee Sense, an intelligent API security product.

                About Apigee

                Apigee® (NASDAQ: APIC) provides a cloud native API platform for digital business. Many of the world's largest organizations select Apigee to enable their digital business, including 33 percent of the Fortune 100, four of the top five Global 2000 retail companies, and five of the top 10 global telecommunications companies. Apigee customers include global enterprises such as Walgreens, Burberry, Morningstar, and First Data. Apigee is headquartered in San Jose, California.  For more information, go to http://apigee.com.

                Connect with Apigee

                Apigee blog: /about/blog/

                Apigee community: https://community.apigee.com/

                Twitter: https://twitter.com/Apigee

                LinkedIn: https://www.linkedin.com/company/apigee

                 

                ###

                Apigee is a registered trademark in the U.S. Other product or company names mentioned may be trademarks or trade names of their respective companies.

                 

                Media Contacts

                Mark Wheeler

                615.516.6147

                press@apigee.com

                 

                Investor Contact

                Kevin Faulkner

                408.816.1658

                ir@apigee.com

                 

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                  Apigee to Present at Stifel Conference

                   

                  SAN JOSE, Calif., - Apigee® (NASDAQ:APIC), developer of a leading cloud native API platform for digital business, today announced that Apigee CFO Tim Wan and VP Investor Relations Kevin Faulkner will be presenting at the Stifel 2016 Technology, Internet & Media Conference in San Francisco, California.  The presentation is scheduled for Tuesday, June 7, 2016, at 1:15 p.m. PDT.

                  Apigee invites investors and analysts to listen to the live webcast at the investor relations page of Apigee’s company website at http://investors.apigee.com.  A replay of the webcast will be available on the website later in the day.  The webcast may include forward-looking statements.

                   

                  About Apigee

                  Apigee® (NASDAQ:APIC) provides a cloud native API platform for digital business. Many of the world's largest organizations select Apigee to enable their digital business, including 33 percent of the Fortune 100, four of the top five Global 2000 retail companies, and five of the top 10 global telecommunications companies. Apigee customers include global enterprises such as Walgreens, Burberry, Morningstar, and First Data. Apigee is headquartered in San Jose, California. For more information, go to http://apigee.com.

                   

                  Media Contact:

                  press@apigee.com

                  Share this press release

                    Apigee Chosen by TomTom to Help Developers “Find Their Way” to Engaging, Navigation-enabled Mobile Apps

                     

                    Global navigation and mapping company using Apigee’s API platform to help monetize its APIs and grow the ecosystem of TomTom-powered applications

                     

                    SAN JOSE, Calif., Apigee® (NASDAQ: APIC), developer of a leading cloud native API platform for digital business, today announced that TomTom, a global navigation, traffic and mapping technology company, is using the Apigee Edge API management software to monetize its APIs and expand the universe of mobile applications that feature TomTom services. With the help of Apigee’s platform, TomTom aims to provide developers with easier access to scalable and secure APIs that deliver TomTom services such as mapping, traffic monitoring, routing, and search features, so developers can build more informative and engaging applications.

                     

                    “From consumer gadgets to the retail and automotive industries, GPS technology touches many facets of our lives. The Internet of Things is expanding this by creating a world where every connected device needs to know where it is in relation to other devices,” noted Ed Anuff, senior vice president of Strategy at Apigee. “We welcome TomTom as another marquee Apigee customer that is using APIs to help people connect to each other and to the world around them.”

                     

                    Over five years into their online services program, TomTom saw Apigee’s API platform as a key enabler of the company’s shifting organization and business model.

                     

                    “We believe the Apigee API platform will help TomTom attract a wide array of developers to our site and services by providing a modern, mobile, and feature-rich system that can handle and support the growth of our own offerings as well as those of our customers,” said William Deurwaarder, vice president of navigation developer relations at TomTom. “On top of that, the Apigee API platform will give us better documented control over our data flows.”

                     

                    Apigee’s flagship Apigee Edge API management software empowers organizations to securely deliver and manage APIs, with agility and at scale. Apigee Edge is part of Apigee’s leading cloud native API platform, which also includes Apigee Insights, an API-based, self-service predictive analytics solution; Apigee Link, an API-first Internet of Things (IoT) product for connecting devices to the Internet; and Apigee Sense, an intelligent API security product.

                     

                    About Apigee

                    Apigee® (NASDAQ: APIC) provides a cloud native API platform for digital business. Many of the world's largest organizations select Apigee to enable their digital business, including 33 percent of the Fortune 100, four of the top five Global 2000 retail companies, and five of the top 10 global telecommunications companies. Apigee customers include global enterprises such as Walgreens, Burberry, Morningstar, and First Data. Apigee is headquartered in San Jose, California.  For more information, go to http://apigee.com.

                     

                    Safe Harbor Statement

                    This press release contains forward-looking statements, including statements regarding market adoption of digital technologies, planned customer adoption and implementation of Apigee’s products, potential future customer opportunities and opportunities between Apigee and TomTom Navigation. These forward-looking statements are based on current expectations and are subject to inherent uncertainties, risks and changes in circumstances that are difficult or impossible to predict. Consequently, you should not rely on these forward-looking statements. Actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of such uncertainties, risks and changes in circumstances, including without limitation risks and uncertainties related to market adoption of digital technologies, the ability of Apigee’s software to meet its customers’ needs, the quality of Apigee’s software, support and services and related infrastructure capacity and any incorrect implementation or use of Apigee software.

                    The foregoing list of factors is not exclusive. Additional risks and uncertainties that could affect Apigee’s financial and operating results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" and elsewhere in Apigee’s Quarterly Report on Form 10-Q filed with the SEC on May 27, 2016. Apigee’s SEC filings are available on the Investor Relations section of the Company’s website at http://investors.apigee.com and on the SEC's website at www.sec.gov. Apigee disclaims any obligation to update the forward-looking statements provided to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

                     

                    Connect with Apigee

                    Apigee blog: http://apigee.com/about/blog/

                    Apigee community: https://community.apigee.com/

                    Twitter: https://twitter.com/Apigee

                    LinkedIn: https://www.linkedin.com/company/apigee

                     

                    ###

                     

                    Apigee is a registered trademark in the U.S. Other product or company names mentioned may be trademarks or trade names of their respective companies.

                     

                     

                    Apigee Media Contacts:

                     

                    press@apigee.com

                     

                    Share this press release

                      Apigee Achieves 36% year-over-year Growth in Total Revenue and Delivers Record Revenue of $23.5 Million in its Third Quarter

                      • Q3 Product Revenue of $18.6 million, a 39% year-over-year increase
                      • Q3 Gross Profit of $16.4 million, a 46% year-over-year increase
                      • Q3 Deferred Revenue of $50.9 million, a 33% year-over-year increase
                      • Q3 Cash Flow from Operations of ($3.5) million
                      • Apigee reaffirms guidance for positive operating cash flow by Q2 Fiscal 2017

                       

                      San Jose, Calif. – May 25, 2016 – Apigee® (NASDAQ: APIC), developer of a leading cloud native API platform for digital business, today announced financial results for the third fiscal quarter ended April 30, 2016.

                      “We are pleased to deliver another solid quarter of revenue and billings growth, driving us closer to our goal of achieving positive operating cash flow by the quarter ending January 2017,” said Chet Kapoor, Apigee CEO. “We see our business benefitting from two key trends in enterprise IT – the ongoing adoption of digital business and the shift to cloud.  Across both of these trends, APIs are a key enabler for quickly delivering customer value.  With our growing customer base and expanding partner engagement, we believe Apigee is positioned to drive these trends.”

                      Third Quarter Fiscal 2016 Highlights:

                      For Q3 16, Apigee reported total revenue of $23.5 million, at the high end of its guidance range of $22.5 million to $23.5 million.  Q3 16 total revenue was up 36% compared to $17.3 million in Q3 15.  Apigee reported Q3 16 product revenue (defined as license revenue plus subscription and support revenue) of $18.6 million, up 39% from $13.4 million in Q3 15.  Q3 16 gross billings were $29.0 million, above the midpoint of its guidance range of $27.5 million to $29.5 million.  Q3 16 gross billings were up 29% from $22.5 million a year ago.  Q3 16 product gross billings were $24.8 million, up 34% from $18.6 million a year ago.

                      Apigee reported Q3 16 GAAP gross margin of 69.8%, up from 65.1% in Q3 15, and non-GAAP gross margin of 71.5%, up from 66.7% in Q3 15.   Apigee reported a Q3 16 GAAP operating loss of $9.9 million, compared to $10.8 million in Q3 15.  Q3 16 non-GAAP operating loss was $7.5 million, compared to $9.7 million in Q3 15.  Both GAAP and non-GAAP operating loss improved as a result of revenue growth rate that was significantly higher than operating expense growth rate, as well as improved gross margin.  Q3 16 GAAP net loss per share was $0.33. Q3 16 non-GAAP net loss per share was $0.25, at the high end of its guidance range of a loss of $0.25 to $0.29.  Q3 16 operating cash flow was ($3.5) million, compared to ($8.1) million in Q2 16.  Total deferred revenue was $50.9 million at the end of Q3 16, up 33% from $38.4 million at the end of Q3 15.  The balance of cash and cash equivalents at the end of Q3 16 was $70.2 million.

                      A reconciliation of GAAP to non-GAAP financial measures has been provided in the financial statement tables included in this press release. An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures.”

                      Recent Business Updates:

                      • Apigee now has over 300 customers, up 114 compared to the end of Q3 15. In Q3 16, we did expansion deals with 42 customers.
                      • Our Q3 16 simple dollar-based renewal rate exceeded 90% for the fourth consecutive quarter.
                      • New, renewal and expansion customers in the quarter included Advance Digital, Kaiser Permanente, KAO Brands, National Geographic, Nationwide Building Society, Papa Johns, Paymark, Silicon Valley Bank, Telstra, TomTom and Tradier.
                      • Apigee announced the availability of the Apigee Edge integration with Pivotal Cloud Foundry. Pivotal users can now select Apigee Edge software from the Pivotal Network marketplace to get Apigee’s comprehensive API management capabilities integrated into the Web applications they build with Pivotal’s Cloud Native Platform.
                      • Apigee and Amazon Web Services (AWS) announced that dozens of new customers signed on to use Apigee Edge on AWS in the first three months of calendar 2016, including AccuWeather, Allstate Corporation, OpenGov Inc., and Sage Payment Solutions, as well as other leading companies in the financial services, insurance, retail, media and technology industries.
                      • Apigee announced a new reference architecture designed to make it easier for developers to use Apigee Edge on AWS.  In addition, Apigee is working with AWS Lambda to develop an open-source plug-in enabling access to AWS services on Apigee Edge.
                      • Apigee released Apigee Edge for Microsoft Azure, and has also placed Apigee Edge in the Azure marketplace.  Apigee and Microsoft recently conducted a joint webinar, covering migration of Apigee Edge deployments to Azure, new services available for API developers, and a demonstration of our integrated products.
                      • Apigee delivered general availability of Apigee Sense, an API security solution that provides data-driven API security including bot detection, automated threat protection, security governance, advanced risk analytics and automated risk mitigation capabilities.
                      • Apigee announced a new software solution built on Apigee Edge that is designed to help banks within the European Union (EU) more quickly and easily embrace open banking and comply with the revised Directive on Payment Services (PSD2).  Apigee is teaming with Accenture, as part of the ongoing Apigee and Accenture global alliance, to work on developing customized client solutions for open banking spurred by PSD2.
                      • Apigee hosted an Open Banking and PSD2 summit in London dedicated to providing financial institutions with information and guidance on how to implement open banking and comply with PSD2.  http://apigee.com/about/search/gss/open%20banking%20summit
                      • Apigee hosted a FinTech API Summit, with speakers from Forrester, First Data, Tradier, and Vantiv, as well as Apigee.  The summit provided financial services executives with information and guidance on how to better leverage digital technologies to foster digital engagements with their customers, partners and employees.  http://apigee.com/about/search/gss/fintech%20summit
                      • Additional product updates included Apigee Edge Gateway 2.0 and release of Apigee’s Health APIx in the Salesforce Health Cloud.
                      • New partners in the quarter included Abacus Consulting Technology, Astrakhan, BCX Keyna, Centric Digital, Compuware, HCL America Solutions, Innovative Software Technologies, ITbook, LiquidHub, Middleware New Zealand, Pitney Bowes, Pyramid Consulting, Shift Technologies, SMS Consulting Group, Trace3, and UST Global.

                      Guidance:

                      As of May 25, 2016, Apigee is providing initial guidance for its fourth quarter fiscal 2016 and updating guidance for the fiscal year ending July 31, 2016.

                      Fourth Quarter Fiscal 2016 Guidance:

                      • Total revenue is expected to be in the range of $24.0 million to $25.5 million.
                      • Non-GAAP operating loss is expected to be in the range of $8.0 million to $9.0 million.
                      • Non-GAAP net loss per share is expected to be in the range of $0.27 to $0.30 based on approximately 30 million GAAP weighted-average shares outstanding.
                      • Gross billings are expected to be in the range of $30.0 million to $32.5 million.

                      Full Year Fiscal 2016 Guidance:

                      • Total revenue is expected to be in the range of $90.9 million to $92.4 million.
                      • Total license revenue is expected to be in the range of $31.8 million to $33.3 million.
                      • Non-GAAP operating loss is expected to be in the range of $33.1 million to $34.1 million.
                      • Non-GAAP net loss per share is expected to be in the range of $1.11 to $1.14 based on approximately 29.8 million GAAP weighted-average shares outstanding.
                      • Gross billings are expected to be in the range of $107.0 million to $109.5 million.

                      Conference Call Details:

                      • What:  Results of Apigee Corporation (APIC) third quarter fiscal year 2016 ended April 30, 2016.
                      • When: Wednesday, May 25, 2016 at 2 pm PDT (5 pm EDT). 
                      • Dial in:  To access the call in the United States, please dial (877) 407-4018, and for international callers please dial (201) 689-8471. Callers may provide confirmation number 13636744 to access the call more quickly, and are encouraged to dial into the call 10 to 15 minutes prior to the start to prevent any delay in joining.
                      • Webcast:   http://investors.apigee.com (live and replay)
                      • Replay:  A replay of the call will be available via telephone for seven days, beginning two hours after the call. To listen to the telephone replay in the United States, please dial (877) 870-5176, and for international callers please dial (858) 384-5517 and enter access code 13636744.

                      About Apigee

                      Apigee® (NASDAQ: APIC) provides a cloud native API platform for digital business. Many of the world's largest organizations select Apigee to enable their digital business, including 33 percent of the Fortune 100, four of the top five Global 2000 retail companies, and five of the top 10 global telecommunications companies. Apigee customers include global enterprises such as Walgreens, Burberry, Morningstar, and First Data. Apigee is headquartered in San Jose, California. For more information, go to http://apigee.com.

                      Forward-Looking Statements

                      This press release contains forward-looking statements, including statements regarding Apigee’s anticipated growth; the momentum and trends in its business, markets and certain vertical markets, and Apigee’s belief that it is positioned to drive and benefit from those trends; its forecasted positive operating cash flow; and its forecasted total revenue, license revenue, gross billings, non-GAAP operating loss and non-GAAP net loss per share for the fiscal fourth quarter and fiscal year 2016. Words such as “expect,” “will,” “believes,” and similar expressions are intended to identify forward-looking statements.  These forward-looking statements are based on current expectations and are subject to inherent uncertainties, risks, and changes in circumstances that are difficult or impossible to predict. Consequently, you should not rely on these forward-looking statements.  Actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of such uncertainties, risks, and changes in circumstances, including without limitation risks and uncertainties related to Apigee’s limited operating history; risks associated with its history of losses and its expectation of incurring losses for the foreseeable future; risks associated with the potential significant fluctuation of its future quarterly results and variances in its quarterly bookings, license revenue and operating cash flows; risks associated with revenue mix; risks associated with the effective management of its growth; risks associated with the role its strategic relationships with third parties plays in its growth; risks associated with market acceptance of its platform and Apigee Edge product; risks associated with Apigee’s experience in developing and introducing new products; risks associated with successfully implementing partnerships and strategic relationships; risks associated with Apigee’s ability to meet its customers’ needs for infrastructure capacity and the quality of its software, support and services; and risks associated with Apigee’s ability to obtain renewals from current customers.

                      The foregoing list of factors is not exclusive.  Additional risks and uncertainties that could affect Apigee’s financial and operating results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" and elsewhere in Apigee’s Annual Report on Form 10-Q filed with the SEC on March 4, 2016.  Apigee’s SEC filings are available on the Investor Relations section of the Company’s website at http://investors.apigee.com and on the SEC's website at www.sec.gov.  Apigee disclaims any obligation to update the forward-looking statements provided to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

                      Non-GAAP Financial Measures

                      Apigee provides the following non-GAAP financial measures in this release and in the earnings call referencing this press release: gross billings, product gross billings, non-GAAP license gross margin, non-GAAP subscription and support gross margin, non-GAAP professional services gross margin, non-GAAP gross margin, non-GAAP operating expense, non-GAAP operating loss, non‑GAAP net loss, and non-GAAP net loss per share.  These non-GAAP items are key measures used by our management to understand and evaluate our operating performance and trends.  In particular, because a number of these measures exclude certain non-cash expenses, they can provide useful measures for period-to-period comparisons of our business.

                      Apigee uses these non-GAAP financial measures internally in analyzing its operating results and believes they are useful to investors, as a supplement to GAAP measures, in evaluating its ongoing operational performance. Apigee believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends.

                      Non-GAAP financial measures should not be considered in isolation from, or as substitutes for, their most directly comparable financial measure prepared in accordance with GAAP.  A reconciliation of the historical non-GAAP financial measures to their most directly comparable GAAP measures has been provided in the financial statement tables included below in this press release.  Investors are encouraged to review the reconciliation of these historical non-GAAP financial measures to their most directly comparable GAAP financial measures.

                      We calculate non-GAAP gross profit, non-GAAP gross margin, non-GAAP license gross margin, non-GAAP subscription and support gross margin, non-GAAP professional services gross margin, non-GAAP operating expenses, non-GAAP sales and marketing expenses, non-GAAP research and development expenses, non-GAAP general and administrative expenses, non-GAAP operating loss and non-GAAP net loss as the respective GAAP balances, adjusted for: (1) stock-based compensation and (2) the amortization of intangible assets. Non-GAAP net loss per share is calculated as non-GAAP net loss divided by GAAP weighted average shares outstanding.

                      We define gross billings as our total revenue plus the change in our deferred revenue in a period. We define product gross billings as our total product revenue (where product is defined as license, subscription and support) plus the change in our license, subscription and support deferred revenue in a period. Gross billings and product gross billings in any period consists of sales to new customers plus renewals and additional sales to existing customers. Our management uses gross billings and product gross billings as a performance measurement because we believe that gross billings and product gross billings provide valuable insight into the sales of our solutions and the performance of our business.  On certain transactions, a portion of gross billings will be recognized as revenue over a period of more than 12 months.  We do not consider gross billings as a substitute for revenue recognition or revenue measurement.

                      With respect to Apigee’s outlook under “Fourth Quarter Fiscal 2016 Guidance” and "Full Year Fiscal 2016 Guidance" above, Apigee has not reconciled its expectations regarding non-GAAP loss from operations to GAAP loss from operations, nor reconciled non-GAAP net loss per share to GAAP net loss per share, because stock-based compensation expenses cannot be reasonably predicted and calculated.  Accordingly, reconciliation is not available without unreasonable effort.

                      Investor Relations Contact:

                      Kevin Faulkner

                      kfaulkner@apigee.com

                      1-408-816-1658

                      Media Contact:
                      press@apigee.com

                       

                      Apigee Corporation Consolidated Balance Sheets (in thousands)

                       

                      April 30,

                      July 31,

                       

                      2016

                      2015

                       

                      (Unaudited)

                       

                      Assets

                       

                       

                      Current assets

                       

                       

                      Cash and cash equivalents...................................................................

                      $70,215

                      $89,562

                      Accounts receivable, net....................................................................

                      27,516

                      21,451

                      Prepaid expenses and other current assets........................................

                             4,669

                              5,806

                      Total current assets.............................................................

                         102,400

                         116,819

                      Property and equipment, net..............................................................

                      2,267

                      3,144

                      Goodwill.................................................................................................

                      14,744

                      14,744

                      Intangible assets, net........................................................

                      2,413

                      3,200

                      Other assets........................................................................................

                                  827

                                  799

                      Total assets.................................................................................

                       $122,651

                       $138,706

                      Liabilities and stockholders’ equity

                       

                       

                      Current liabilities

                       

                       

                      Accounts payable...........................................................................

                      $606

                      $2,015

                      Accrued expenses and other current liabilities..............................

                      11,925

                      9,796

                      Deferred revenue, current portion.................................................

                      42,548

                      35,648

                      Term debt, current portion............................................................

                             1,317

                             2,079

                      Total current liabilities.............................................................

                          56,396

                         49,538

                      Non-current liabilities

                       

                       

                      Deferred revenue, non-current......................................................

                      8,361

                      5,154

                      Deferred rent, non-current...........................................................

                      1,177

                      1,550

                      Other liabilities, non-current........................................................

                      639

                      773

                      Term debt, non-current.................................................................

                                 1,212

                             1,787

                      Total non-current liabilities......................................................

                             11,389

                             9,264

                      Total liabilities...............................................................................

                           67,785

                          58,802

                      Commitments and contingencies

                       

                       

                      Stockholders’ equity

                       

                       

                      Common stock..............................................................................

                      30

                      29

                      Additional paid-in capital

                      283,044

                      276,099

                      Accumulated deficit

                      (228,208)

                      (196,224)

                      Total stockholders’ equity

                            54,866

                           79,904

                      Total liabilities and stockholders’ equity

                       $122,651

                       $138,706

                       

                      Apigee Corporation Consolidated Statements of Comprehensive Loss (in thousands, except per share amounts)

                       

                      Three Months Ended

                      April 30,

                      Nine Months Ended

                      April 30,

                       

                      2016

                      2015

                      2016

                      2015

                       

                      (Unaudited)

                      (Unaudited)

                      Revenue

                       

                       

                       

                       

                      License............................................

                       $8,161

                      $5,697

                       $23,764

                       $15,219

                      Subscription and support..........................

                       10,452

                      7,694

                       31,331

                       21,858

                      Professional services and other....................................

                            4,864

                            3,899

                        11,816

                         12,828

                      Total revenue.........................................

                      23,477

                      17,290

                      66,911

                       49,905

                      Cost of revenue

                       

                       

                       

                       

                      License.........................................

                       128

                      129

                       385

                       386

                      Subscription and support..................................

                       3,077

                      2,808

                       9,301

                       8,175

                      Professional services and other................................

                            3,879

                          3,103

                        10,528

                         10,147

                      Total cost of revenue

                           7,084

                          6,040

                            20,214

                            18,708

                      Gross profit.........................................

                       16,393

                      11,250

                       46,697

                       31,197

                      Operating expenses

                       

                       

                       

                       

                      Research and development...................................

                      9,477

                      7,567

                       27,514

                       21,952

                      Sales and marketing...................................

                      12,702

                      11,139

                       38,012

                       36,313

                      General and administrative.................................

                         4,075

                            3,299

                         12,473

                           10,003

                      Total operating expenses...................................

                          26,254

                        22,005

                          77,999

                          68,268

                      Loss from operations.................................

                       (9,861)

                      (10,755)

                        (31,302)

                      (37,071)

                      Other income (expense), net.........................................

                                 19

                            (93)

                               (402)

                              (383)

                      Loss before provision for income taxes.........................................

                      (9,842)

                      (10,848)

                      (31,704)

                       (37,454)

                      Provision for income taxes.........................................

                                  73

                                  140

                            280

                               343

                      Net loss and comprehensive loss.........................................

                         $(9,915)

                        $(10,988)

                         $(31,984)

                        $(37,797)

                      Net loss per share:

                       

                       

                       

                       

                      Basic and diluted.........................................

                        $(0.33)

                         $(2.16)

                         $(1.08)

                           $(8.66)

                      Weighted-average shares outstanding used in calculating net loss per share:

                       

                       

                       

                       

                      Basic and diluted.........................................

                      29,830

                      5,095

                      29,620

                      4,363

                       

                      Apigee Corporation Consolidated Statements of Cash Flows (in thousands)

                       

                      Three Months Ended

                      Nine Months Ended

                      April 30,

                      April 30,

                       

                      2016

                      2015

                      2016

                      2015

                       

                      (Unaudited)

                      (Unaudited)

                      Cash flows from operating activities

                       

                       

                       

                       

                      Net loss .........................................

                       $(9,915)

                       $(10,988)

                       $(31,984)

                       $(37,797)

                      Adjustments to reconcile net loss to net cash used in operating activities

                       

                       

                       

                       

                      Depreciation and amortization.............

                      583

                       597

                      1,790

                       1,809

                      Provision for doubtful accounts ....

                      9

                      20

                      66

                       38

                        Amortization of debt discount .....

                       10

                      12

                      25

                      38

                      Deferred income taxes ..........

                       –

                       –

                       –

                       -

                      Stock-based compensation expense ..........................

                       2,110

                       822

                      5,378

                       2,269

                      Changes in operating assets and liabilities

                       

                       

                       

                       

                      Accounts receivable ..............................

                       (1,659)

                      2,903

                       (6,131)

                      273

                      Prepaid expenses and
                      other assets .........................................

                      (268)

                      395

                      1,100

                      38

                      Accounts payable .........................................

                      (609)

                       (1,225)

                       (1,248)

                       (1,429)

                      Accrued expenses, other liabilities and deferred rent ......................................... 

                      665

                      558

                      1,779

                       1,078

                      Deferred revenue .........................................

                             5,558

                           4,686

                            10,108

                          10,189

                      Net cash used in
                      operating activities ...................................

                          (3,516)

                          (2,220)

                          (19,117)

                         (23,494)

                      Cash flows from investing activities

                       

                       

                       

                       

                      Purchase of property and
                      equipment .........................................

                              (28)

                            (485)

                              (136)

                             (835)

                      Net cash used in investing
                      activities .........................................

                              (28)

                            (485)

                                (136)

                           (835)

                      Cash flows from financing activities

                       

                       

                       

                       

                      Proceeds from issuance of debt, net of issuance costs .........................................

                      2,648

                      2,648

                      4,000

                      Repayments of debt obligations .......

                       (3,108)

                      (526)

                       (4,158)

                       (4,858)

                      Proceeds from initial public offering, net of offering costs......

                       

                      79,341

                       

                      78,264

                      Payment of deferred costs related to initial public offering …………...

                      (152)

                      -

                      Taxes paid related to net share settlement of equity awards.........................................

                       

                      (387)

                       

                      (387)

                      Proceeds from exercise of stock options, net of taxes paid .........................................

                      192

                       389

                       607

                      796

                      Proceeds from issuance of Employee Stock Purchase Plan
                      shares .........................................

                       –

                                   –

                              961

                                   -

                      Net cash provided by (used in) financing activities .........................................

                       (268)

                       78,817

                           (94)

                             77,815

                      Net increase (decrease) in cash and cash equivalents .........................................

                      (3,812)

                             76,112

                            (19,347)

                             53,486

                      Cash and cash equivalents

                       

                       

                       

                       

                      Beginning of period .........................................

                        74,027

                      29,133

                              89,562

                             51,759

                      End of period .........................................

                               70,215

                               105,245

                               70,215

                               105,245

                       

                      Apigee Corporation Reconciliation of GAAP to Non-GAAP Financial Measures (in thousands, except per share amounts)

                       

                      Three Months Ended

                      April 30,

                      Nine Months Ended

                       April 30,

                       

                      2016

                      2015

                      2016

                      2015

                      Gross billings

                       

                       

                       

                       

                      Total revenue.........................................

                      $23,477

                      $17,290

                      $66,911

                      $49,905

                      Total deferred revenue, end of period......

                      50,909

                      38,379

                      50,909

                      38,379

                      Less: Total deferred revenue,
                      beginning of period.........................................

                      (45,352)

                      (33,193)

                      (40,802)

                       (28,190)

                      Total change in deferred revenue

                            5,557

                            5,186

                          10,107

                          10,189

                      Gross billings        

                       $29,034

                       $22,476

                       $77,018

                       $60,094

                      Product gross billings

                      License.........................................

                      $8,161

                      $5,697

                      $23,764

                      15,219

                      Subscription and support.........................................

                        10,452

                          7,694

                      31,331

                         21,858

                      Total product revenue.........................................

                      18,613

                      13,391

                      55,095

                      37,077

                      Total license, subscription and support deferred revenue, end of
                      period.........................................

                      43,177

                      34,749

                      43,177

                      34,749

                      Less: Total license, subscription and support deferred revenue,
                      beginning of period.....................................

                      (36,954)

                      (29,546)

                      (36,638)

                      (24,848)

                      Total change in license, subscription and support deferred revenue.........................................

                      6,223

                           5,203

                              6,539

                           9,901

                      Product gross billings.........................................

                      $24,836

                      $18,594

                      $61,634

                      $46,978

                      Non-GAAP gross margin

                      Gross margin.........................................

                      69.8%

                      65.1%

                      69.8%

                      62.5%

                      Add: Stock-based compensation expense.........................................

                      0.7%

                      0.3%

                      0.6%

                      0.3%

                      Add: Amortization of intangible assets.........................................

                            1.0%

                            1.3%

                            1.0%

                            1.4%

                      Non-GAAP gross margin        

                         71.5%

                         66.7%

                         71.4%

                         64.2%

                      Non-GAAP license gross profit:

                       

                       

                       

                       

                      License gross profit.........................................

                      $8,033

                      $5,568

                      $23,379

                      $14,833

                      License gross margin.........................................

                      98.4%

                      97.7%

                      98.4%

                      97.5%

                      Add: Amortization of intangible assets.........................................

                              114

                              113

                      342

                             340

                      Non-GAAP license gross profit        

                        $8,147

                       $5,681

                      $23,721

                       $15,173

                      Non-GAAP license gross margin        

                        99.8%

                        99.7%

                         99.8%

                         99.7%

                      Non-GAAP subscription and support gross profit:

                       

                       

                       

                       

                      Subscription and support gross profit.........................................

                      $7,375

                      $4,886

                      $22,030

                      $13,683

                      Subscription and support gross margin.........................................

                      70.6%

                      63.5%

                      70.3%

                      62.6%

                      Add: Stock-based compensation expense.........................................

                      43

                      8

                      114

                      21

                      Add: Amortization of intangible assets.........................................

                               113

                            114

                               339

                              341

                      Non-GAAP subscription and support gross profit.........................................

                         $7,531

                        $5,008

                      $22,483

                        $14,045

                      Non-GAAP subscription and support gross margin.........................................

                         72.1%

                         65.1%

                         71.8%

                          64.3%

                      Non-GAAP professional services and other gross profit:

                       

                       

                       

                       

                      Professional services and other gross profit.........................................

                      $985

                      $796

                      $1,288

                      $2,681

                      Professional services and other gross margin.........................................

                      20.3%

                      20.4%

                      10.9%

                      20.9%

                      Add: Stock-based compensation expense.........................................

                               132

                                54

                               328

                                 145

                      Non-GAAP professional services and other gross profit        

                        $1,117

                           $850

                            $1,616

                        $2,826

                      Non-GAAP professional services and other margin        

                      23.0%

                      21.8%

                      13.7%

                      22.0%

                      Non-GAAP research and development expense:

                       

                       

                       

                       

                      GAAP research and development expense.........................................

                      $9,477

                      $7,567

                       $27,514

                       $21,952

                      Less: Stock-based compensation expense.........................................

                      (897)

                      (306)

                      (2,135)

                      (759)

                      Less: Amortization of intangible assets.........................................

                            (18)

                           (44)

                             (106)

                              (132)

                      Non-GAAP research and development expense        

                       $8,562

                       $7,217

                      $25,273

                      $21,061

                      Non-GAAP sales and marketing expense:

                       

                       

                       

                       

                      GAAP sales and marketing expense.........................................

                      $12,702

                      $11,139

                       $38,013

                       $36,313

                      Less: Stock-based compensation expense.........................................

                      (426)

                      (173)

                      (1,225)

                      (492)

                      Less: Amortization of intangible assets.........................................

                                       –

                                       –

                                       –

                                 (58)

                      Non-GAAP sales and marketing expense        

                      $12,276

                      $10,966

                      $36,788

                      $35,763

                      Non-GAAP general and administrative expense:

                       

                       

                       

                       

                      GAAP general and administrative expense.........................................

                       $4,075

                      $3,299

                       $12,473

                       $10,003

                      Less : Stock-based compensation expense.........................................

                            (612)

                             (281)

                             (1,576)

                             (852)

                      Non-GAAP general and administrative expense        

                          $3,463

                          $3,018

                           $10,897

                           $9,151

                      Non-GAAP operating loss:

                       

                       

                       

                       

                      Operating loss.........................................

                      $(9,861)

                      $(10,755)

                      $(31,302)

                      $(37,071)

                      Add: Stock-based compensation expense.........................................

                      2,110

                      822

                      5,378

                      2,269

                      Add: Amortization of intangible assets.........................................

                                245

                                271

                                  787

                                  871

                      Non-GAAP operating loss        

                      $(7,506)

                      $(9,662)

                      $(25,137)

                      $(33,931)

                      Non-GAAP net loss:

                       

                       

                       

                       

                      Net loss.........................................

                      $(9,915)

                      $(10,988)

                      $(31,984)

                      $(37,797)

                      Add: Stock-based compensation expense.........................................

                      2,110

                      822

                      5,378

                      2,269

                      Add: Amortization of intangible assets.........................................

                               245

                               271

                      787

                                  871

                      Non-GAAP net loss        

                      $(7,560)

                      $(9,895)

                      $(25,819)

                      $(34,657)

                      Non-GAAP net loss per share:

                       

                       

                       

                       

                      GAAP net loss per share.........................................

                       $(0.33)

                      $(2.16)

                      $(1.08)

                      $(8.66)

                      Non-GAAP adjustments to net loss per share.........................................

                      0.08

                      0.21

                      0.21

                      0.72

                      Non-GAAP adjustments to weighted average shares used in calculating net loss per share.........................................

                      1.54

                      6.50

                      Non-GAAP net loss per share        

                      $(0.25)

                      $(0.41)

                       $(0.87)

                        $(1.44)

                      GAAP Weighted-average shares outstanding used in calculating net loss per share,.........................................

                      29,830

                      5,095

                      29,620

                      4,363

                       

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                        Apigee and Pivotal Team Up to Deliver Comprehensive API Management on Pivotal Cloud Foundry

                         

                        Apigee Now Available on Pivotal’s Cloud Native Platform Through Pivotal Network 

                         

                        SAN JOSE and SAN FRANCISCO, Calif. — Apigee® (NASDAQ: APIC), developer of a leading API platform, and Pivotal®, the company accelerating digital transformation for enterprises, today announced the availability of Apigee’s API management software for Pivotal's Cloud Foundry®. Pivotal users can now select Apigee Edge software from the Pivotal Network marketplace to get Apigee’s comprehensive API management capabilities easily integrated into their Web applications built with Pivotal Cloud Foundry.

                        “APIs and Cloud Native platforms such as Pivotal Cloud Foundry are key for building applications in today’s modern enterprises,” said Ed Anuff, senior vice president at Apigee. “Pivotal Cloud Foundry provides a consistent experience for the developer and operator, regardless of the underlying cloud infrastructure used. We share the Cloud Foundry goal of simplifying the complexity of a multi-cloud world, and we are collaborating with leading Cloud Native platform providers like Pivotal to make it easier for enterprises using any and every cloud to take advantage of comprehensive API management.”

                        The Apigee-Pivotal Cloud Foundry integration provides a feature-rich API management solution on an industry-leading Cloud Native platform with the reliability and flexibility to deploy in various on-premises, cloud-based, and hybrid cloud topologies. This technology integration takes advantage of Pivotal’s "Route Services Feature.” Apigee Edge can automatically create API proxies in Pivotal Cloud Foundry, enabling policies to be seamlessly applied, and APIs can also be automatically published to a developer portal. All API requests in software developed on Pivotal Cloud Foundry are routed to Apigee for security, analytics and traffic management.

                        "At Pivotal we are helping customers to re-architect their businesses for the cloud,” said James Watters, senior vice president of Products at Pivotal. “Cloud Native architecture implies applications built for horizontal scale, always-on resiliency, and API first. The combination of Pivotal Cloud Foundry and Apigee Edge can allow our customers to operate at scale with lower operational cost and higher service availability."

                        “Apigee API management and Pivotal Cloud Foundry are a powerful combination for building modern connected applications,” said Vish Nandlall, chief technology officer, Telstra. “Digital is disrupting many industries, making it increasingly important for businesses to rapidly transform. Apigee and Pivotal Cloud Foundry are a part of our ongoing IT innovation and digital journey.”

                        “At Swisscom, we are committed to building a modern, digital business that includes APIs and cloud-native applications,” said Martin Graf, vice president, API Product Management & Development, Swisscom. “This integration of Apigee with Pivotal Cloud Foundry will make it much easier to expose and manage services that are developed in Cloud Foundry, without the need for additional configuration. We believe it’s an important collaboration for the two companies.”

                         

                        Apigee at Upcoming Cloud Foundry Summit – Booth #405

                         

                        Apigee will be demonstrating and discussing Apigee integration with Pivotal Cloud Foundry at the Cloud Foundry Summit, May 23-25, in Santa Clara, California.  Apigee’s Ed Anuff will lead a Lightning Talk entitled, “Why APIs Matter in the Multi-Cloud Strategy” on Monday, May 23, as well as the session, “Using CF Route Services to Publish, Secure, and Monitor APIs,” on Wednesday, May 25.

                         

                        About Pivotal

                        Pivotal’s Cloud Native platform drives software innovation for many of the world’s most admired brands. With millions of developers in communities around the world, Pivotal technology touches billions of users every day. After shaping the software development culture of Silicon Valley's most valuable companies for over a decade, today Pivotal leads a global technology movement transforming how the world builds software.

                         

                        About Apigee

                        Apigee® (NASDAQ: APIC) provides an intelligent API platform for digital business. Many of the world's largest organizations select Apigee to enable their digital business, including 33 percent of the Fortune 100, four of the top five Global 2000 retail companies, and five of the top 10 global telecommunications companies. Apigee customers include global enterprises such as Walgreens, Burberry, Morningstar, and First Data. Apigee is headquartered in San Jose, California. For more information, go to http://apigee.com.

                         

                        Safe Harbor Statement

                        This press release contains forward-looking statements, including statements regarding market adoption of digital technologies; ease of use, and potential benefits, of using Apigee’s and Pivotal’s products; and continued customer adoption and use of Apigee’s products. These forward-looking statements are based on current expectations and are subject to inherent uncertainties, risks and changes in circumstances that are difficult or impossible to predict. Consequently, you should not rely on these forward-looking statements. Actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of such uncertainties, risks and changes in circumstances, including without limitation risks and uncertainties related to market adoption of digital technologies, the ability of Apigee’s software to meet its customers’ needs, the quality of Apigee’s and Pivotal’s software, support and services and related infrastructure capacity and any incorrect implementation or use of Apigee or Pivotal software.

                        The foregoing list of factors is not exclusive. Additional risks and uncertainties that could affect Apigee’s financial and operating results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" and elsewhere in Apigee’s Quarterly Report on Form 10-Q filed with the SEC on March 4, 2016. Apigee’s SEC filings are available on the Investor Relations section of the Company’s website at http://investors.apigee.com and on the SEC's website at www.sec.gov. Apigee disclaims any obligation to update the forward-looking statements provided to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

                         

                        Connect with Apigee

                        Apigee blog: http://apigee.com/about/blog/

                        Apigee community: https://community.apigee.com/

                        Twitter: https://twitter.com/Apigee

                        LinkedIn: https://www.linkedin.com/company/apigee

                        ###

                         

                        Apigee is a registered trademark in the U.S. Pivotal is a registered trademark or trademark of Pivotal Software, Inc. in the United States and other countries. Other product or company names mentioned may be trademarks or trade names of their respective companies.

                         

                        Apigee Media Contact:

                        press@apigee.com

                         

                        Rita Manachi 
                        Pivotal Analyst Relations 
                        rmanachi@pivotal.io

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