650 Page Mill Road Palo Alto, CA 94304-1050   PHONE 650.493.9300 FAX 650.493.6811   www.wsgr.com

April 13, 2015

Via EDGAR and Overnight Delivery

Division of Corporate Finance

Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

Ladies and Gentlemen:

On behalf of our client, Apigee Corporation (the “Company”), we submit this letter in response to comments from the staff (the “Staff”) of the Securities and Exchange Commission (the “Commission”) contained in its letter dated April 9, 2015 (the “Comment Letter”), relating to the above-referenced Amendment No. 1 to the Registration Statement on Form S-1. We are concurrently filing via EDGAR this letter and Amendment No. 2 to the Registration Statement on Form S-1 (the “Registration Statement”). For the Staff’s reference, we are providing the Staff with both a clean copy of the Registration Statement and a copy marked to show all changes from the version filed on March 30, 2015.

The Company is supplementally providing the Staff, pursuant to Rule 418 of Regulation C promulgated under the Securities Act with certain third-party materials cited in the Registration Statement. The Company confirms that none of the third-party materials cited in the Registration Statement were prepared for the Company.

In this letter, we have recited the comments from the Staff in italicized, bold type and have followed each comment with the Company’s response. Except as otherwise specifically indicated, page references herein correspond to the pages of the Registration Statement.

AUSTIN    BEIJING    BRUSSELS    HONG KONG    LOS ANGELES    NEW YORK    PALO ALTO    SAN DIEGO

SAN FRANCISCO    SEATTLE    SHANGHAI    WASHINGTON, DC    WILMINGTON, DE

Division of Corporate Finance

April 13, 2015

Page 2

Business

Our Solution, page 93

In response to the Staff’s comment, the Company has revised the disclosure on pages 96, 97, 98, 100 and 105 of the Registration Statement as requested to describe the significant judgments, assumptions and estimates used to calculate the metrics discussed in the Registration Statement.

Committees of the Board of Directors

Audit Committee, page 116

The Company advises the Staff that, as described on page 119 of the Registration Statement, the Company’s board of directors made an affirmative determination that Mr. Dempsey is not an affiliate of the Company. In making that determination, the board considered the fact that there will be three other venture capital or investment fund stockholders each owning more than 5% of the Company’s stock after the offering. Two of these venture capital or investment fund stockholders, Norwest Venture Partners and Third Point Partners, have a representative serving on the Company’s board of directors, and collectively these three other venture capital or investment fund stockholders will own approximately 37.7% of the Company’s outstanding common stock in the aggregate following the offering, which is greater than the ownership of the funds affiliated with Bay Partners. In addition, neither Bay Partners nor these three other stockholders will have veto rights on Company actions. Therefore, the board concluded that none of the venture capital or investment fund stockholders, including Bay Partners, will have the ability to control the Company and, therefore, that none of those stockholders should be considered an “affiliated person” that would preclude audit committee service under paragraph (b)(1)(ii)(B) of Exchange Act Rule 10A-3.

Division of Corporate Finance

April 13, 2015

Page 3

Underwriting, page 150

In response to the Staff’s comment, the Company has revised the disclosure on pages 7 and 157 of the Registration Statement to describe with more specificity the nature of the relationship between the Company and the persons to whom shares will be offered through the directed share program, as well as to clarify that the shares to be offered through the directed share program will not be subject to lock-up agreements.

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Please direct any questions regarding the Company’s responses or the revised draft of the Registration Statement to me at (650) 320-4597 or mbaudler@wsgr.com, or to my colleague, Andrew Hoffman, at (650) 849-3240 or ahoffman@wsgr.com.

Sincerely,

WILSON SONSINI GOODRICH & ROSATI

Professional Corporation

/s/ Mark Baudler

Mark Baudler