API Gateway is a fully managed service that makes it easy for developers to create, publish, maintain, monitor, and secure APIs at any scale. It allows hosting multiple API versions and stages, generating SDKs, adding authentication, throttling requests, and caching responses to improve performance and reduce latency. API Gateway supports building and deploying REST and WebSocket APIs. Pricing is based on the number of API calls and amount of data transferred out. Optional dedicated caching tiers are also available.