Apoxy Analysis: $500K Raised
What is Apoxy?
Apoxy builds an open-source edge platform based on Envoy, Kubernetes API infrastructure, and QUIC tunneling. It provides site-to-site connectivity, edge runtime execution for JavaScript, WebAssembly, and Go, plus secure access to services behind NAT. The company was founded by Matt Ward and Dmitry Ilyevsky after they worked on scaling Mux's video infrastructure.
Location
San Francisco, United States
Employees
1-10
Founded
2023
Business Model
Usage-based revenue model with competitive pricing and flat-rate for requests.
Investors
- Y Combinator
Product Features & Capabilities
- multi-cloud and cross-platform deployments, secure WireGuard tunnels, instant connection for HTTP, TCP, or UDP, powerful API access controls, Kubernetes and Docker support, single or multi-node deployments, custom TypeScript or Go filters, high performance WebAssembly runtime, native OpenTelemetry and Jaeger support, schema-less log indexing, competitive bandwidth pricing at $0.05/GB, 35+ low latency locations, unlimited TLS, $1/Million flat rate for HTTP, REST, or WebSocket requests, instant TLS for any domain, flexible traffic management, centralized access logs, global rate limiting, custom security policies, quota management, peer-to-peer tunnels, application acceleration.
Pricing
- $0.05/GB for bandwidth with 100GB free to start
- $1/Million for HTTP, REST, or WebSocket requests
- Unlimited TLS included
- 35+ locations for low latency
How much Apoxy raised
Pre-Seed - $500,000
September 6, 2023Who are the founders of Apoxy
MW
Matt Ward
Co-Founder, CEO
Market Focus
Apoxy primarily focuses on the cloud computing industry, specifically in multi-cloud and cross-platform deployments, as well as secure site-to-site connectivity and edge computing solutions.
Competitors Overview
Apoxy operates in the multi-cloud and cross-platform deployment market, where it faces competition from several key players:
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BMC Software: Offers a comprehensive suite of IT management solutions, focusing on automation and optimization of multi-cloud environments. Their advantage lies in their extensive experience and established customer base.
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CloudBolt Software: Specializes in multi-cloud management, providing tools for visibility, governance, and cost management across various cloud platforms. Their strength is in their user-friendly interface and strong analytics capabilities.
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Citrix Systems: Known for its virtualization and networking solutions, Citrix provides multi-cloud services that enhance application performance and security. Their advantage is in their robust security features and integration capabilities.
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CoreStack: Focuses on cloud governance and compliance, offering solutions that help organizations manage their multi-cloud environments effectively. Their unique selling point is their emphasis on compliance automation.
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Dell Technologies: Provides a wide range of cloud solutions, including infrastructure and management tools for multi-cloud deployments. Their advantage is their extensive hardware and software ecosystem.
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IBM: Offers a strong multi-cloud platform with a focus on enterprise solutions, AI integration, and data management. Their advantage is their deep expertise in enterprise-level deployments.
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Microsoft Azure: A leading cloud service provider that offers extensive multi-cloud capabilities, including hybrid cloud solutions. Their advantage is their vast ecosystem and integration with other Microsoft services.
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VMware: Provides virtualization and cloud infrastructure solutions that enable seamless multi-cloud deployments. Their strength lies in their established technology and partnerships with major cloud providers.
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Snowflake and Databricks: Niche players that focus on data management and analytics in multi-cloud environments. Their advantage is their specialized expertise in handling large datasets and analytics workloads.
These competitors differ from Apoxy in terms of service breadth, pricing models, and specific focus areas, with some offering more comprehensive solutions while others specialize in niche markets.
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