WSO2's products include an open source API manager, comparable to something like Google's Apigee, which businesses use for building and integrating all their digital services, either in the cloud or on-premises. The company offers tangential services such as API management specifically for Kubernetes, as well as its flagship Identity Server ' a little something like Okta ' that companies use for managing identity and access functionality in their apps, such as single sign-on (SSO). WSO2, which was founded out of Sri Lanka in 2005, had raised around $130 million in funding from the likes of Intel, Cisco and Goldman Sachs, with its most recent tranche coming via a $93 million Series E round in 2022. An official valuation was never announced, but articles from some outlets at the time reported a valuation of more than $600 million. So that would mean WSO2 has remained somewhat stagnant, though the 'more than' facet here could disguise some movement in the company's valuation. WSO2...
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