OpenMeter (YC W23) Acquired by Kong
7 days ago
- #API-monetization
- #AI-billing
- #enterprise-solutions
- Kong has acquired OpenMeter, integrating its real-time usage metering and billing capabilities into Kong Konnect.
- OpenMeter enables usage-based pricing, entitlements, and invoicing for APIs, events, and AI workloads.
- The acquisition supports Kong's goal to help customers monetize APIs and AI products effectively.
- OpenMeter provides developer-friendly solutions for real-time usage data, billing, and feature access management.
- Kong customers will benefit from enhanced monetization capabilities for their digital products.
- The integration addresses the rising costs and complexities of LLM and AI deployments.
- OpenMeter's technology meets Kong's requirements for scalability, flexibility, and enterprise readiness.
- Existing OpenMeter Cloud customers can continue using the product as before, with increased investments planned.
- Kong will showcase the unified solution at the API Summit in October and offer a beta program for early access.