Tech Company Financing Transactions
Kony Funding Round
Kony closed a $18.3 million Series D venture capital round on 6/25/2013. Investors included Telstra.
Transaction Overview
Company Name
Announced On
6/25/2013
Transaction Type
Venture Equity
Amount
$18,300,000
Round
Series D
Investors
Telstra (Mark Sherman)
Proceeds Purpose
Kony will use part of this Series D funding to further its expansion into the Asia Pacific market, develop its cloud business by investing further in product development, marketing, sales and operations, and accelerate growth in the U.S. Additionally, the reseller agreement between the companies will allow Telstra to provide added value to its enterprise customers through its cloud hosting solutions, infrastructure and other services, extending Kony's reach into the important APAC region.
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.
Management Team
Title
Name
Email & Social
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Our team works diligently to document every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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