Kony was an American

cloud-based Cloud computing is "a paradigm for enabling network access to a scalable and elastic pool of shareable physical or virtual resources with self-service provisioning and administration on-demand," according to International Organization for ...

software company that provided mobility,

omnichannel Omnichannel is a neologism describing a business strategy. According to ''Frost & Sullivan'', omnichannel is defined as "seamless and effortless, high-quality customer experiences that occur within and between contact channels". History "Omnis" i ...

and

internet of things Internet of things (IoT) describes devices with sensors, processing ability, software and other technologies that connect and exchange data with other devices and systems over the Internet or other communication networks. The IoT encompasse ...

systems and services. The company was based in

Austin, Texas Austin ( ) is the List of capitals in the United States, capital city of the U.S. state of Texas. It is the county seat and most populous city of Travis County, Texas, Travis County, with portions extending into Hays County, Texas, Hays and W ...

with over 1,600 employees worldwide. At the time of its sale to

Temenos Group Temenos AG is a Swiss technology company specialising in enterprise software for banks and financial services, with its headquarters in Geneva. It was founded in 1993, and has been listed on the Swiss stock exchange since 2001. Temenos serves o ...

in 2019, Kony operated out of 11 offices in the US, UK,

Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...

The Netherlands , Terminology of the Low Countries, informally Holland, is a country in Northwestern Europe, with Caribbean Netherlands, overseas territories in the Caribbean. It is the largest of the four constituent countries of the Kingdom of the Nether ...

Brazil Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is the world's List of countries and dependencies by area, fifth-largest country by area and the List of countries and dependencies by population ...

Mexico Mexico, officially the United Mexican States, is a country in North America. It is the northernmost country in Latin America, and borders the United States to the north, and Guatemala and Belize to the southeast; while having maritime boundar ...

India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...

Hong Kong Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...

, and

Australia Australia, officially the Commonwealth of Australia, is a country comprising mainland Australia, the mainland of the Australia (continent), Australian continent, the island of Tasmania and list of islands of Australia, numerous smaller isl ...

History

Founded in 2007 the then-Orlando-based company released its first product, the KonyOne Platform in 2009. In 2012, Kony acquired Australian SAP consulting company ''Sky Technologies''. In March 2014, former executive vice president of software at HP, Thomas E. Hogan, was named CEO. In May 2014, Kony announced a $50 million round of funding. Investors in the company include

Softbank Capital SoftBank Capital is a venture capital group in the United States, focusing on technology and telecom early stage businesses. It was founded by SoftBank. Since 2015 it does not actively make investments, but it continues to oversee its prior portfo ...

Hamilton Lane Hamilton Lane Incorporated is an American alternative investment management and advisory company headquartered in Conshohocken, Pennsylvania. The company provides private markets investments to its clients. The company has 22 offices globally ...

Insight Venture Partners Insight Venture Management, LLC (commonly referred to as Insight Partners and previously Insight Venture Partners) is a global venture capital and private equity firm that invests in high-growth technology, software, and internet businesses. The ...

, Georgian Partners, Delta-v Capital and Telstra Ventures. In June 2015, Kony moved its corporate headquarters from

Orlando, Florida Orlando ( ) is a city in and the county seat of Orange County, Florida, United States. The city proper had a population of 307,573 at the 2020 census, making it the fourth-most populous city in Florida behind Jacksonville, Florida, Jacksonville ...

. In June 2018, Kony launched Kony DBX, a digital banking platform and application suite. In October 2018, Kony acquired Pivotus, Inc, a subsidiary of Umpqua Holdings. In August 2019, Kony was acquired by

, which has since subsumed Kony.

References

{{Reflist

External links

Kony.com
Companies based in Austin, Texas Software companies established in 2007 2007 establishments in Florida Software companies based in Texas Defunct software companies of the United States Software companies disestablished in 2019 2019 disestablishments in Texas 2019 mergers and acquisitions