Akana

Los Angeles, United States Founded: 2001 • Age: 25 yrs Acquired By Rogue Wave
API management solutions provider
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About Akana

Akana is a company based in Los Angeles (United States) founded in 2001 by Eric Pulier was acquired by Rogue Wave in November 2016.. Akana has raised $26 million across 5 funding rounds from investors including Rogue Wave, Wellington Financial and DFJ. Akana has completed 2 acquisitions, including Blue Titan and Logic Library. Akana offers products and services including Akana API Platform and SOLA Mainframe. Akana operates in a competitive market with competitors including Jitterbit, MuleSoft, Kong, Boomi and Postman, among others.

  • Headquarter Los Angeles, United States
  • Founders Eric Pulier
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Perforce Software, Inc.
Operational Areas
Technology → Software Development & Engineering
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $26 M (USD)

    in 5 rounds

  • Latest Funding Round
    $10 M (USD), Debt – Conventional

    Mar 28, 2014

  • Investors
    Rogue Wave

    & 6 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Blue Titan

    & 1 more

  • Acquired by
    Rogue Wave

    (Nov 28, 2016)

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Products & Services of Akana

Akana offers a comprehensive portfolio of products and services, including Akana API Platform and SOLA Mainframe. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for creating, securing, and monitoring enterprise APIs.

Solution for complete mainframe API management and integration.

People of Akana
Headcount 500-1000
Employee Profiles 12
Employee Profiles
People
Shruti Bawaskar
Technical Engineer
People
Mark Mszanski
Executive Vice Presiedent Field Operations GridGain Systems Inc.
People
Urban Thelin
Regional Director Europe, Akana API Management
People
Don Labs
VP - Global Akana Sales

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Funding Insights of Akana

Akana has successfully raised a total of $26M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $10 million completed in March 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 5
  • Last Round Debt – Conventional — $10.0M
  • First Round
  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2014 Amount Debt – Conventional - Akana Valuation

investors

Mar, 2014 Amount Debt – Venture - Akana Valuation

investors

Jun, 2006 Amount Series D - Akana Valuation DFJ , Redpoint Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Akana

Akana has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Rogue Wave, Wellington Financial and DFJ. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Tech-focused Venture debt provider investing primarily in the US and Canada
Founded Year Domain Location
US focused VC firm
Founded Year Domain Location
Redpoint Ventures is engaged in venture capital investments.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Akana

Akana has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Blue Titan and Logic Library. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
API management software is offered for service-oriented architectures.
2001
Online news and content platform
2000
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Akana

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Akana Comparisons

Employees
+
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Competitors of Akana

Akana operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jitterbit, MuleSoft, Kong, Boomi and Postman, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
API management software is provided for lifecycle development and monitoring.
domain founded_year HQ Location
Cloud-based API management and integration solutions are offered.
domain founded_year HQ Location
Kong Inc. is recognized for providing a unified API platform.
domain founded_year HQ Location
Cloud-based API management and iPaaS solutions are delivered for integrations.
domain founded_year HQ Location
API design, testing, and management platform is developed for teams.
domain founded_year HQ Location
Cloud-based API management solutions are provided for governance and monitoring.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Akana

Frequently Asked Questions about Akana

When was Akana founded?

Akana was founded in 2001 and raised its 1st funding round 1 year after it was founded.

Where is Akana located?

Akana is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Is Akana a funded company?

Akana is a funded company, having raised a total of $26M across 5 funding rounds to date. The company's 1st funding round was a Series D of $11M, raised on Feb 01, 2002.

What does Akana do?

Akana was founded in 2001 in Los Angeles, United States, as a provider of API management solutions within the software industry. Operations focus on microservices that support secure data sharing via APIs, application integration, and partner adoption. Services include an API gateway, developer portal, and analytics tools, enabling monetization of assets and operational insights across mobile, cloud, and multi-channel environments.

Who are the top competitors of Akana?

Akana's top competitors include Jitterbit, MuleSoft and Kong.

What products or services does Akana offer?

Akana offers Akana API Platform and SOLA Mainframe.

How many acquisitions has Akana made?

Akana has made 2 acquisitions, including Blue Titan, and Logic Library.

Who are Akana's investors?

Akana has 7 investors. Key investors include Rogue Wave, Wellington Financial, DFJ, Redpoint Ventures, and Mellon Ventures.

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