Code BGP, Inc.

Based in the US, Code BGP, Inc. operates as a provider of advanced BGP monitoring solutions that enhance the security and reliability of Internet routing for organizations across various sectors. Founded in 2021 in Virginia Beach, US, Code BGP specializes in monitoring Border Gateway Protocol (BGP) incidents and was recently acquired by Cisco Systems, Inc. from Marathon Venture Capital in August 2023.

The company has successfully completed 2 deals to date, with its latest funding round being a Seed round that raised USD 1. 50 mn, led by Marathon Venture Capital. Code BGP specializes in BGP (Border Gateway Protocol) monitoring solutions that enhance the visibility and security of Internet routing. Their core product offerings focus on real-time detection of BGP-related incidents, including prefix hijacking and route leaks, which are critical for maintaining the integrity of Internet communications.

The company's technology is designed to address complex routing challenges that can disrupt service and impact end-user experiences; thus, it provides organizations with the tools necessary for rapid incident detection and remediation. Code BGP serves a diverse customer base, including enterprises and service providers across multiple industries, such as telecommunications, finance, and cloud services. Their products are utilized in key global markets, including North America, Europe, and Asia, where organizations require robust monitoring capabilities to ensure reliable Internet connectivity and operational continuity. Code BGP generates revenue primarily through subscription-based services that provide clients with access to its BGP monitoring solutions.

Customers engage with Code BGP under various transaction structures, including direct-to-consumer and B2B partnerships, enabling enterprises to integrate BGP monitoring capabilities into their existing network infrastructures. The pricing plans typically involve tiered subscriptions that allow clients to select options based on their specific monitoring needs and scale requirements. These subscription services are aimed at delivering enhanced visibility and proactive management of Internet routing incidents, thereby ensuring that organizations can minimize downtime and protect their digital assets. Following its acquisition by Cisco in August 2023, Code BGP is set to leverage Cisco's resources to enhance its product offerings and expand its market presence.

The focus will be on launching new features within its BGP monitoring solutions to address emerging internet security challenges. Additionally, there are plans for geographic expansion into new regions, particularly in Asia and Europe, by 2024, to capture a broader customer base. The recent funding will support these initiatives by strengthening product development and expanding operational capabilities.