App Platform Kony Cops $15M
Mobile app development platform Kony Solutions has closed a $15 million series C round of financing, led by Insight Venture Partners. With cash in hand, “The startup is looking [to] fund the deployment of new sales and marketing programs, regional expansion, and to ramp up hiring,” TechCrunch reports.
Kony’s master plan is to develop technologies and apps that both facilitate and accelerate customer engagement on any mobile operating system, device or channel. Through its flagship product, KonyOne, the startup offers a development environment and mobile middleware that allows big businesses to build and launch both enterprise and consumer apps. “As a result, Kony now offers support for nearly every technology and deployment option out there, from native apps on all native OSes, HTML5-capable browsers, single page apps, wrappers, hybrids, and more -- even support for BYOD deployments,” TechCrunch notes.
“The agility and scalability of its platform have attracted more than 70 Fortune 500 companies, banks, airlines, as well as automotive and insurance companies.” In early 2011, Insight also led Kony’s $19.1 million series A financing,