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Apigee Partners With IQT to Enhance Its API Technology in Support of U.S. Intelligence Community

IQT Selects Apigee's Enterprise-Grade Platform to Help Improve Data Sharing and Innovation Through APIs

PALO ALTO, CA--(Marketwired - Apr 25, 2013) - Apigee, the API company, today announced that it has entered into a strategic partnership and technology development agreement with In-Q-Tel (IQT). IQT is an independent strategic investment firm that identifies innovative technology solutions to support the missions of the U.S. Intelligence Community (IC). The investment will enable further development of Apigee's enterprise-grade API Platform, and help IC customers improve capabilities for sharing data and services through apps.

"There is growing emphasis on making data and services more developer-friendly through the use of APIs, and we are thrilled to work with IQT to help extend this capability in the U.S. Intelligence Community," said Chet Kapoor, Apigee CEO. "The comprehensive Apigee platform and our deep industry expertise can support agencies as they securely foster new innovation and improve efficiencies through APIs."

Apigee's flagship offering is the Apigee Enterprise API platform, a cloud-based service that helps businesses deliver, manage and measure APIs and the applications built on them. Apigee can reduce the complexity of delivering APIs and building apps, drive developer adoption, provide comprehensive analysis and control of API usage, and help organizations easily scale as channels grow.

"The Apigee platform can support organizations at varying stages of their API initiatives, from building effective APIs to creating meaningful business intelligence from their app ecosystems," said Robert Ames, Senior Vice President in charge of IQT's Information and Communication Technologies Practice. "We believe that our government customers will be able to benefit from this comprehensive set of capabilities."

About Apigee

Apigee is the leading provider of API technology and services for enterprises and developers. Hundreds of companies including Walgreens, Bechtel, eBay, Pearson, and Gilt Groupe as well as tens of thousands of developers use Apigee to simplify the delivery, management and analysis of APIs and apps. Apigee's global headquarters are in Palo Alto, California, and it has offices in Bangalore, London, Austin and Detroit. To learn more, go to www.apigee.com.

About IQT

In-Q-Tel is the not-for-profit, strategic investment firm that works to identify, adapt, and deliver innovative technology solutions to support the missions of the U.S. Intelligence Community. Launched in 1999 as a private, independent organization, IQT's mission is to identify and partner with companies developing cutting-edge technologies that serve the national security interests of the United States. For more information, visit www.iqt.org.

Apigee is a registered trademark in the U.S. Other product or company names mentioned may be trademarks or trade names of their respective companies.