Kenandy

Kenandy Inc.
Industry
Founded 2010
Founder Sandra Kurtzig
Headquarters Redwood City, California, USA
Area served
 Global
Key people
  • Chuck Berger (CEO)
Website www.kenandy.com

Kenandy is an American B2B software provider founded by tech entrepreneur Sandra Kurtzig. Kenandy is a vendor to combine quote to cash and ERP in a single cloud solution, and the only full-function ERP vendor to run native on the Salesforce App Cloud.[1][2][3]

Kenandy allows businesses to collect, store, manage and interpret data on product planning, manufacturing, delivery, financial reporting, general ledger, marketing and sales.[4][5][6] The company combines manufacturing software with cloud technology and social media[7] and is able to orchestrate SAP, Salesforce, and other functionality.[8]

Kenandy's founder Sandra Kurtzig set up the company in Redwood City, California, in 2010 and named it after her sons Ken and Andy. It was Salesforce's first cloud ERP application.[9][10] The company raised $10.5 million in August 2011 in a first round of funding led by Kleiner Perkins Caufield & Byers. Other investors included Salesforce.com and Wilson Sonsini Goodrich & Rosati.[7] Kurtzig announced in September 2015 she would step down as CEO with Chuck Berger being her successor.[11] The company grew to nearly 100 employees.[12] Kenandy raised another $11.5 million in a Series B funding in March 2016 from its previous investors and Lightspeed Venture Partners. The total funds raised by the company (including the first close on the Series B round in 2013) amount to $55 million.[4][13][14]

Kenandy was acquired by Rootstock Software on January 11, 2018: http://www.zdnet.com/article/rootstock-acquires-kenandy-as-erp-on-salesforce-platform-consolidates/

References

  1. ↑ Phil Wainewright (15 December 2015). "Kenandy broadens cloud ERP with CPQ, subscription billing". Diginomica. Retrieved 11 June 2017.
  2. ↑ Ben Kepes (14 January 2015). "FinancialForce Hits $50M Run Rate--Mid Market Getting Sexier". Forbes. Retrieved 11 June 2017.
  3. ↑ Jennifer Reingold (2 October 2014). "Sandy Kurtzig, founder of Kenandy". Fortune. Retrieved 11 June 2017.
  4. 1 2 Gina Hall (18 March 2016). "Kenandy raises $11.5M, adds to its C-suite". Silicon Valley Business Journal. Retrieved 11 June 2017.
  5. ↑ Drew Robb (3 June 2013). "7 Cloud ERP Startups to Watch". Enterprise Apps Today. Retrieved 11 June 2017.
  6. ↑ Tiernan Ray (1 October 2014). "Tech Pioneer Kurtzig Revisits the Enterprise with Kenandy". Barron's. Retrieved 11 June 2017.
  7. 1 2 Dean Takahashi (29 August 2011). "Kenandy raises $10.5M for cloud "social manufacturing"". Venture Beat. Retrieved 11 June 2017.
  8. ↑ Jason Bloomberg (21 September 2015). "Salesforce Ecosystem: Growth Beyond The Cloud". Forbes. Retrieved 11 June 2017.
  9. ↑ Chris Preimesberger (13 October 2014). "Cloud ERP Provider Kenandy Expands Service Offerings". eWeek. Retrieved 11 June 2017.
  10. ↑ Emma Reynolds (28 July 2015). "Queen of Silicon Valley Sandra Kurtzig on making it to the top and staying there". news.com.au. Retrieved 11 June 2017.
  11. ↑ Phil Wainewright (11 September 2015). "Kurtzig hands over reins as Kenandy CEO". Diginomica. Retrieved 11 June 2017.
  12. ↑ Lisen Stromberg (8 July 2015). "Sandra Kurtzig: The Original Silicon Valley "Mompreneur"". The Huffington Post. Retrieved 11 June 2017.
  13. ↑ "Pieces Technology Launches With $21.6m Series A Round". Red Herring. 18 March 2016. Retrieved 11 June 2017.
  14. ↑ Dan Primack (18 March 2016). "Term Sheet — Friday, March 18". Fortune. Retrieved 11 June 2017.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.