Kony Raises $50M in Financing

Kony_logoKony, Inc., an Orlando, FL-based enterprise mobility company, raised $50m in financing.

The round was led by new investor SoftBank Capital, with participation from existing investors Insight Venture Partners, Telstra Ventures, and Georgian Partners and new backers Delta-V and Hamilton Lane.

Led by Thomas E. Hogan, chief executive officer, Raj Koneru, Founder and Chairman of the Board, and John R. Joyce, new vice chairman and chief financial officer, Kony provides a cloud-based mobile application development platform (MADP) to define, design, develop, test, deploy, and manage multi-channel applications from a single codebase.

The company also offers over 600 live multi-channel apps, serving over over 350 customers and 20 million end users across 45 countries.



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