Kony, Inc.
| Company type | Private company |
|---|---|
| Industry | Enterprise software |
| Founded | 2007 in Orlando, Florida |
| Defunct | August 2019 |
| Fate | Acquired |
| Successor | Temenos Group |
| Headquarters | , |
Area served | Worldwide |
Key people |
|
| Products | Mobile App Development platform |
| Owner | Temenos Group |
Number of employees | 1,600+ (2019) |
| Website | kony |
Kony was an American cloud-based software company that provided mobility, omnichannel and internet of things systems and services. The company was based in Austin, Texas with over 1,600 employees worldwide.[1][2]
At the time of its sale to Temenos Group in 2019, Kony operated out of 11 offices in the US, UK, Germany, The Netherlands, Brazil, Mexico, India, Hong Kong, and Australia.[3]
History
Founded in 2007 [4] the then-Orlando-based company[5] released its first product, the KonyOne Platform in 2009.[6] In 2012, Kony acquired Australian SAP consulting company Sky Technologies.[7]
In March 2014, former executive vice president of software at HP, Thomas E. Hogan, was named CEO.[8] In May 2014, Kony announced a $50 million round of funding. Investors in the company include Softbank Capital, Hamilton Lane, Insight Venture Partners, Georgian Partners, Delta-v Capital and Telstra Ventures.[9]
In June 2015, Kony moved its corporate headquarters from Orlando, Florida to Austin, Texas.[10]
In June 2018, Kony launched Kony DBX, a digital banking platform and application suite.[11] In October 2018, Kony acquired Pivotus, Inc, a subsidiary of Umpqua Holdings.[12]
In August 2019, Kony was acquired by Temenos Group, which has since subsumed Kony.[13][14]
References
- ^ McCarthy, Vance. "Kony, KMC Controls Use Microservices To Drive Velocity, Variety for Mobile, IoTApps". Retrieved 16 May 2017.
- ^ "Kony Opens Austin Office and Relocates Headquarters". Silicon Hills. 2 September 2015. Retrieved 2 September 2015.
- ^ Aboraya, Abraham. "Kony Inc. plans to file IPO in two years". Orlando Business Journal. Retrieved 7 August 2014.
- ^ "Exclusive: SoftBank Capital invests in Kony; move will boost Kony's Asia presence". Reuters. 17 June 2014. Retrieved 17 June 2014.
- ^ Pacheco, Walter. "Orlando-based Kony Solutions on cutting edge of app development". Orlando Sentinel. Retrieved 29 July 2012.
- ^ Grubb, Anne (13 December 2011). "Kony Solutions Releases KonyOne Cross-Platform Mobile App Development Platform". IT Pro. Retrieved 13 December 2011.
- ^ Crozier, Ry. "Aussie SAP specialists Sky Technologies, Stream sold". IT News. Retrieved 22 August 2012.
- ^ Daley, J. Bruce (25 March 2014). "Tom Hogan Joins Kony". Constellation Research. Retrieved 25 March 2014.
- ^ Damouni, Nadia (17 June 2014). "Exclusive: SoftBank Capital invests in Kony; move will boost Kony's Asia presence". Reuters. Retrieved 17 June 2014.
- ^ Calnan, Christopher. "Fast-growing mobile app maker opens in Austin, wants to employ 50". Austin Business Journal. Retrieved 18 August 2015.
- ^ Finextra (2018-06-05). "Kony launches digital banking platform". Finextra Research. Retrieved 2018-10-25.
- ^ "Kony Acquires Innovation Subsidiary of Umpqua Holdings". Kony. 4 July 2023.
- ^ "Temenos to acquire Kony, US #1 digital banking SaaS company, to accelerate Temenos Infinity, the revolutionary cloud-native, cloudagnostic digital front office product and its US strategy" (PDF). kony.
- ^ "Kony Is Now Temenos". Temenos. 16 October 2020. Retrieved 12 November 2021.