Kony Inc, a

cloud-based Cloud computing is the on-demand availability of computer system resources, especially data storage (cloud storage) and computing power, without direct active management by the user. Large clouds often have functions distributed over multip ...

provider of 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" is ...

and internet-of-things systems and services, was based in

Austin, Texas Austin is the capital city of the U.S. state of Texas, as well as the county seat, seat and largest city of Travis County, Texas, Travis County, with portions extending into Hays County, Texas, Hays and Williamson County, Texas, Williamson co ...

with over 1600 employees worldwide. At the time of its sale to

Temenos Group Temenos AG (SWX: TEMN) is a company specialising in enterprise software for banks and financial services, with its headquarters in Geneva, Switzerland. Temenos was initially created in 1993, and has been listed on the Swiss stock exchange since ...

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 is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...

The Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...

Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...

Mexico Mexico (Spanish: México), officially the United Mexican States, is a country in the southern portion of North America. It is bordered to the north by the United States; to the south and west by the Pacific Ocean; to the southeast by Guatema ...

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ...

, and

Australia Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...

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 is an American alternative investment management and advisory company headquartered in Conshohocken, Pennsylvania. The company provides private markets investment solutions to its clients. In 2020, Preqin ranked the firm as the th ...

Insight Venture Partners Insight Partners (previously Insight Venture Partners) is an American venture capital and private equity firm based in New York City. The firm invests in growth-stage technology, software and Internet businesses. History Insight Partners was fo ...

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

Orlando, Florida Orlando () is a city in the U.S. state of Florida and is the county seat of Orange County, Florida, Orange County. In Central Florida, it is the center of the Greater Orlando, Orlando metropolitan area, which had a population of 2,509,831, acco ...

. 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 Umpqua Holdings Corporation, d.b.a. Umpqua Bank, is a financial holding company based in downtown Portland, Oregon, United States. Headquarters are in the Umpqua Bank Plaza, formerly the headquarters of Benj. Franklin Savings and Loan. The fi ...

. In August 2019, Kony was acquired by

, which has since subsumed Kony.{{cite web , url=https://www.temenos.com/news/2020/10/16/kony-is-now-temenos/ , title=Kony Is Now Temenos , date=16 October 2020 , publisher=Temenos , accessdate=12 November 2021

References

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