Kony, Inc.

Kony Inc, a cloud-based provider of mobility, omnichannel and internet-of-things systems and services, was based in Austin, Texas with over 1600 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]

Kony
IndustryEnterprise software
FoundedOrlando, Florida (2007)
HeadquartersAustin, Texas
Key people
  • Thomas E. Hogan, CEO
  • Kathy Crusco, EVP & CFO
  • Bruce Dahlgren, EVP & CRO
  • Todd Riesterer, Chief Human Resources Officer
  • Wayne McCulloch, Chief Customer Officer & EVP Global Sales Operations
  • Arvind Kejriwal , SVP of Corporate Development & Strategy
  • Jeffery Kendall, SVP & GM, Global Banking & Financial Solutions
  • Tony Carroll, SVP & GM, Global Commercial Industries
  • Jean Kondo, CCO
  • Bill Bodin, CTO
  • Burley Kawasaki, EVP of Products
  • Carlos Carvajal, CMO
  • Michael Johnson, SVP, Global Channels & Alliances
  • Usha Iyer, Co-Executive Director of Mobilizing Causes
  • Jessica Howard, Co-Executive Director of Mobilizing Causes
ProductsMobile App Development platform
Number of employees
1600+
WebsiteKony.com

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,[11] a digital banking platform and application suite.

In October 2018, Kony acquired Pivotus, Inc, a subsidiary of Umpqua Holdings.[12]

In August 2019, Kony was acquired by Temenos Group,[13] which has since subsumed Kony.[14]

References

  1. McCarthy, Vance. "Kony, KMC Controls Use Microservices To Drive Velocity, Variety for Mobile, IoTApps". Retrieved 16 May 2017.
  2. "Kony Opens Austin Office and Relocates Headquarters". Silicon Hills. 2 September 2015. Retrieved 2 September 2015.
  3. Aboraya, Abraham. "Kony Inc. plans to file IPO in two years". Orlando Business Journal. Retrieved 7 August 2014.
  4. "Exclusive: SoftBank Capital invests in Kony; move will boost Kony's Asia presence". Reuters. 17 June 2014. Retrieved 17 June 2014.
  5. Pacheco, Walter. "Orlando-based Kony Solutions on cutting edge of app development". Orlando Sentinel. Retrieved 29 July 2012.
  6. Grubb, Anne (13 December 2011). "Kony Solutions Releases KonyOne Cross-Platform Mobile App Development Platform". IT Pro. Retrieved 13 December 2011.
  7. Crozier, Ry. "Aussie SAP specialists Sky Technologies, Stream sold". IT News. Retrieved 22 August 2012.
  8. Daley, J. Bruce (25 March 2014). "Tom Hogan Joins Kony". Constellation Research. Retrieved 25 March 2014.
  9. Damouni, Nadia (17 June 2014). "Exclusive: SoftBank Capital invests in Kony; move will boost Kony's Asia presence". Reuters. Retrieved 17 June 2014.
  10. Calnan, Christopher. "Fast-growing mobile app maker opens in Austin, wants to employ 50". Austin Business Journal. Retrieved 18 August 2015.
  11. Finextra (2018-06-05). "Kony launches digital banking platform". Finextra Research. Retrieved 2018-10-25.
  12. "Kony Acquires Innovation Subsidiary of Umpqua Holdings". Kony. 4 July 2023.
  13. "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.
  14. "Kony Is Now Temenos". Temenos. 16 October 2020. Retrieved 12 November 2021.
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