Tech Company Financing Transactions
Kony Funding Round
Kony, based in Orlando, scored $19.1 million from Insight Venture Partners.
Transaction Overview
Company Name
Announced On
1/18/2011
Transaction Type
Venture Equity
Amount
$19,100,000
Round
Series A
Investors
Insight Venture Partners (Lead Investor) (Deven Parekh)
Proceeds Purpose
The initial tranche of $13.4 million will enable Kony Solutions to expand its research and development related to the Kony Mobile Application Platform, which serves millions of users worldwide. In addition, the funding will be used to accelerate the global rollout of Kony's sales and marketing.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
7380 West Sand Lake Rd. 390
Orlando, FL 32819
USA
Orlando, FL 32819
USA
Phone
Website
Email Address
Overview
Kony is the only mobile application platform provider that enables companies to future proof their mobile apps from the constantly shifting device marketplace and its fragmented mobile customer base.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Hogan
Chief Financial Officer
Kathy Crusco
VP - Bus. Development
Nate Bruce
VP - Client Services
Cem Tanyel
VP - Customer Service
Wayne McCulloch
VP - Human Resources
Todd Riesterer
VP - Sales
Bruce Dahlgren
Browse more venture capital transactions:
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