Confirms 200 per cent increase in bookings in FY 2012.
Kony is a specialist in app and site builds. Its KonyOne platform lets developers build an app once and deploy it across more than 9,000 devices, seven operating systems and multiple channels.
The US-based firm is already working with brands including Hotwire, Huntington Bank, Hyatt, Toyota and Capital One. It's especially well-established in the enterprise space with many customers in airline, automotive and insurance.
Indeed, last year Kony added HTML5 support to its platform and targeted the enterprise BYOD (Bring-Your-Own-Device) sector with off-the-shelf, vertical-specific apps for banking, healthcare, retail, travel and other areas. It plans another major expansion of its platform and application portfolio this quarter.
The new Series C round of financing should help maintain this grpwth. It's been led by Insight Venture Partners.
“FY2012 was another year of record growth for Kony. We made major extensions to our technology platform and application portfolio and won the business of dozens of new enterprise customers. We also made strategic investments in operational and management infrastructure,” said Raj Koneru, CEO of Kony.
“This funding will help us continue managing the incredible growth we’re seeing in our business.”
Advertisement
Add a new comment
You need to be logged in to post comments. If you do not have an account then please register.
Comments
1 comment
Thanks for the post. $19.1 million funding for mobile web development application is really a brilliant move in this era of mobiles. So they can allot more money for R & D that may result some brilliant ideas. Nowadays enterprises started to work with portable devices like tablets and smartphones, not only with the old computer system. They want to mobilize their enterprise to get real time updates and etc. Mobile business apps were worth $25 billion last year; will be worth almost double that by 2017. So companies need mobile applications to reduce their workload and more. Picking up the right app for their business is important. I would like to share my experience with users. I have experienced an enterprise mobility solutions provider called karyatech.com who provides quality mobile apps for enterprises. I would like to get suggestions from users to enhance my knowledge and it will fill up the spirit of blogging. of course, I would like to enjoy more posts regarding trends of mobile apps developing.
Nicholas Sparks Mar 12th 2013 at 10:31AM
0 0