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Cloud API startup Kong valued at around $2 billion in a new funding round led by Tiger Global

  • Cloud API startup Kong has been valued at around $2 billion in a new funding round led by Tiger Global Management.
  • Kong offers a cloud-based API, which serves as the backbone of the internet.
  • This latest funding round follows Kong's previous $80 million Series D funding in 2020, which valued the company at $1.4 billion.
  • Tiger Global, known for its rapid investments, is making a comeback in the tech market and recently invested in OpenAI as well.

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