Ngrok

2022 Series A Software Raised $50,000,000
Industry
Software
Stage
Series A
Raised
$50,000,000

Company Overview

ngrok is a simplified API-first ingress-as-a-service that adds connectivity, security, and observability to apps with no code changes. ngrok was founded in 2015 by Alan Shreve, a veteran of building distributed systems at scale.Initially, an open source community-funded hosted service, ngrok has now grown into a platform supporting millions of tunnels daily and has more than 30,000 paying customers including Zendesk, Copado, and Veritas.The company announced Tuesday the closing of a $50 million Series A round led by Lightspeed, with participation from Coatue Management and others.

Business Model

SaaS

Customer Model

B2B

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