Solo.io

Cloud-native API management and service mesh solutions

Cambridge, Massachusetts, United States

About Solo.io

Solo.io specializes in cloud-native API management and service mesh solutions, providing tools that help businesses manage, secure, and optimize their application networking in cloud environments. Their main products include Gloo Gateway, a Kubernetes-native gateway for API management, and Gloo Mesh, a service mesh platform that enhances networking and security for microservices. The Spotlight Developer Platform offers a secure environment for developers with curated plugins and insights to improve productivity. Solo.io differentiates itself by offering both open-source and enterprise-grade solutions, and it generates revenue through subscriptions, consulting, and partnerships. The company's goal is to accelerate digital transformation for businesses by unlocking the full potential of cloud technologies.

Cambridge, MassachusettsHeadquarters
2017Year Founded
$166.8MTotal Funding
SERIES_CCompany Stage
Data & Analytics, Consulting, Enterprise SoftwareIndustries
201-500Employees

Risks

Competition from established companies like Red Hat and VMware is intensifying.
Potential security vulnerabilities in open-source components like Istio and Envoy.
Rapid technological changes may outpace Solo.io's ability to innovate.

Differentiation

Solo.io integrates AI-driven capabilities in API management and service mesh solutions.
Gloo Platform offers a lightweight, scalable, and secure Kubernetes-native gateway.
Spotlight Developer Platform enhances developer experience with streamlined workflows and robust insights.

Upsides

Increased adoption of eBPF technology improves performance and reduces resource consumption.
Partnerships with major cloud providers like AWS expand market reach.
Growing demand for multi-cloud solutions boosts Solo.io's flexible networking offerings.

Funding

Total raised$166.82 M
Latest valuation$1.00 B
StageSERIES_C
$135
$1.00 B
SERIES B
8/31/2020
$23
$115.00 M
SERIES A
11/30/2018
$11
$55.00 M
EARLY VC
8/31/2017
$2
$12.50 M