WSO2
WSO2 is a software company providing API management, integration, and identity and access management (IAM) products, built on an open-source heritage. Founded in 2005 in Colombo, Sri Lanka, it helps enterprises build, connect, and secure APIs and applications across on-premises, cloud, and hybrid environments. The company reports more than USD 100M in annual recurring revenue and more than 700 enterprise customers, with offices in the US, UK, Germany, Spain, Brazil, Australia, India, Sri Lanka, and the UAE. EQT Private Capital Asia acquired WSO2 in 2024.
Acquired
WSO2 has been acquired
This company is no longer available on our private secondary market.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2005
Employees
501–1,000
Total Funding
$131M
7 rounds
Latest Valuation
$0.6B
May 3, 2024
Secondary Signals (Note: SetterVC does not verify the accuracy of these)
1 signalNamed Harry Ault as CEO, succeeding founder Dr. Sanjiva Weerawarana, who stepped down in May 2026.
Post-acquisition leadership transition; watch for strategy/governance shifts under new CEO.
Funding
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $131M across 7 rounds
Last updated 09-16-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| May 3, 2024 | Acquisition (EQT) TechCrunch | $600M | $0.6B | EQT Private Capital Asia |
| May 25, 2022 | Series E (second close) | $3M | — | Info Edge |
| Nov 2021 | Series E (first close) | $90M | — | Goldman Sachs Asset Management Private Credit |
Prominent Investors
Leadership
Harry Ault
CEO
Devaka Randeniya
Chief Revenue Officer
Jonas Persson
Board Chair
Hari Gopalakrishnan
Board Member (Partner, EQT Private Capital Asia)
Dirk-Peter van Leeuwen
Board Member
Tami Reller
Board Member
Nina Hargus
Board Member
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Apigee
Google Cloud-backed API management platform with enterprise-grade analytics, security, traffic management, and monetization capabilities
MuleSoft
Salesforce-owned comprehensive integration platform (Anypoint) for API-led connectivity across applications, data, and devices
Kong
Lightweight API gateway with open-core model, scales from small business to enterprise workloads
Axway
Enterprise API management and integration platform
Keycloak
Open-source identity and access management solution
Tyk Technologies
Open-source API gateway and management platform
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