Kony, Inc. Explained

Kony
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
Products:Mobile App Development platform
Num Employees:1600+
Homepage:Kony.com
Foundation:Orlando, Florida (2007)
Hq Location:Austin, Texas

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]

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

External links