Akto.io
Website: [https://www.akto.io/](https://www.akto.io/)
Company Overview
Akto.io is a pioneering API security platform focused on ensuring the secure integration of APIs within DevSecOps processes. The company emphasizes a proactive approach to API security, providing continuous inventory solutions that fortify security posture assessments strategically. Headquartered in San Francisco, California, Akto.io currently employs a team of approximately 11-50 professionals.
Key Features and Offerings
Akto.io boasts a rapid deployment API security platform that can be initiated in just 60 seconds. Available in both cloud-based and self-hosted formats, Akto offers flexible pricing to cater to various business needs. The platform includes a comprehensive test library with over 150 test cases addressing critical security vulnerabilities, including the prominent OWASP Top 10. Additionally, Akto provides tailored industry-specific solutions with a notable presence in financial services and enhances AI and LLM security through its proprietary 'GenAI Security Testing' capabilities.
Leadership Team
- Ankita Gupta - Co-founder & CEO: With a strong background from JP Morgan and LinkedIn, and education from The Tuck School of Business, Ankita is dedicated to personalized customer onboarding, aligning API security solutions with client objectives.
- Ankush Jain - Co-founder & CTO: A graduate of the Indian Institute of Technology, Bombay, Ankush brings over 15 years of experience in engineering, data science, and machine learning, actively contributing to open-source security solutions.
Investors and Advisors
Akto.io enjoys the backing of key investors such as Accel and Alumni Ventures. The advisory board includes security expert Duncan Godfrey from Rippling, and Mark K., Co-Founder and CTO of Synack.
Recent Developments and Achievements
Recently, Akto raised a $4.5 million seed funding round led by Accel to advance its plug-and-play API security platforms. It was also recognized as a high performer in the API Security and Dynamic Application Security Testing (DAST) categories by G2. Noteworthy is Akto's launch of its cutting-edge gRPC API Security Capabilities at Black Hat USA 2024, capturing attention from influential media players like Forbes, VentureBeat, and CSO.
Contact Information
Address: 95 Third Street, 2nd Floor, San Francisco, CA 94103, United States
For additional insights, Akto's [LinkedIn profile](https://www.linkedin.com/company/akto-io) serves as a resource for company updates or to engage with founders Ankita Gupta and Ankush Jain, who are proactive on the platform sharing company progress and industry insights.
Competitor Profiling for Akto.io
Several significant competitors in the API security, integration, and management space provide alternatives to Akto.io. These competitors include GitLab, Postman, MuleSoft, Jitterbit, and Cloudflare, each offering a distinct range of capabilities across DevSecOps, API development, integration platforms, and cybersecurity.
GitLab
- Platform: Provides an AI-powered DevSecOps platform that boosts developer productivity, with origins as an open-source project from 2011.
- Financial Performance: Reports a 156% increase in earnings per share to $0.23, with a sales growth of 31%, reaching $196.1 million.
- Market Presence: As of February 2025, stock is at $60.23 with a market cap of $9.8 billion, featuring over 40 million registered users and an extensive monthly release schedule.
- Mission & Values: Focuses on global software co-creation, promoting collaboration, diversity, and transparency.
Postman
- Platform: A leading API platform with a focus on building, testing, and organizing APIs to enhance productivity and quality.
- Valuation: Raised $225 million in Series D funding in 2021, with a valuation of $5.6 billion.
- Global Reach: Oversees a community of over 35 million developers with operations across San Francisco, Bangalore, and Tokyo.
- Values: Stresses curiosity, transparency, and trust, fostering a culture of shared success and challenge acceptance.
MuleSoft
- Platform: Offers the Anypoint Platform for API development and integration, recognized for creating integrated data experiences.
- Industry Recognition: A recognized leader in iPaaS and API management.
- Strategic Importance: Prioritizes integration and automation innovation, serving diverse industries with a robust API management toolkit.
Jitterbit
- Platform: Provides an AI-enhanced low-code platform, Harmony, for seamless integration, orchestration, and automation.
- Strategic Initiatives: Includes NLP for advanced application management, delivered with rapid implementation and strong customer support.
- Reputation: Acknowledged for acceleration in integration, positioning itself as a leader in this domain.
Cloudflare
- Platform: Offers content delivery, cybersecurity services, and cloud solutions aimed at improved web application performance and security.
- Stock Performance: As of February 2025, stocks are at $145.30 with a $50.1 billion market cap.
- Global Influence: Handles 71 million HTTP requests per second from 335 global cities, underscoring network scalability and security.
- Vision: Aims to enhance internet quality through user-impacting, innovative technology and a secure network infrastructure.
Strategic Insights
Akto.io can leverage insights from this competitive landscape to refine its strategic initiatives. Competitors such as GitLab, Postman, MuleSoft, Jitterbit, and Cloudflare exemplify strong DevSecOps, API management, and integration capabilities with varying emphasis on community engagement, innovation, network performance, and low-code development. Akto.io might explore strategic partnerships, enhance technological offerings, or focus on niche market segments to differentiate within this competitive market.
