Kony Solutions Obtains $19,100,000 Series A Funding Round

  • Feed Type
  • Date
    1/18/2011
  • Company Name
    Kony Solutions
  • Mailing Address
    1825 S. Grant St. San Mateo, CA 94402
  • Company Description
    Kony Solutions 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.
  • Website
    http://www.konysolutions.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $19,100,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    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.
  • M&A Terms
  • Venture Investor
    Insight Venture Partners