Global banks are moving faster in Hong Kong to get staff back to office versus in other major centres, given fewer daily COVID-19 cases in the Asian city, and are offering incentives such as onsite vaccinations and days off to encourage inoculation.
Kong, one of the new breed of companies trying to address this problem, announced today that it has raised $100 million in venture capital at a valuation of $1.4 billion. Tiger Global Management led the round, which also included investment from Goldman Sachs, Index Ventures, CRV, GGV Capital, and Andreessen Horowitz.
At its (virtual) Kong Summit 2020, API platform Kong today announced the launch of Kong Konnect, its managed end-to-end cloud-native connectivity platform. The idea here is to give businesses a single service that allows them to manage the connectivity between their APIs and microservices and help developers and operators manage their workflows across Kong’s API Gateway, Kubernetes Ingress and Kong Service Mesh runtimes.