Kenandy
| Industry | |
|---|---|
| Founded | 2010 |
| Founder | Sandra Kurtzig |
| Headquarters | , |
Area served | Global |
Key people |
|
| Website | www |
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.[15]
References
- ^ Phil Wainewright (15 December 2015). "Kenandy broadens cloud ERP with CPQ, subscription billing". Diginomica. Retrieved 11 June 2017.
- ^ Ben Kepes (14 January 2015). "FinancialForce Hits $50M Run Rate--Mid Market Getting Sexier". Forbes. Retrieved 11 June 2017.
- ^ Jennifer Reingold (2 October 2014). "Sandy Kurtzig, founder of Kenandy". Fortune. Retrieved 11 June 2017.
- ^ a b Gina Hall (18 March 2016). "Kenandy raises $11.5M, adds to its C-suite". Silicon Valley Business Journal. Retrieved 11 June 2017.
- ^ Drew Robb (3 June 2013). "7 Cloud ERP Startups to Watch". Enterprise Apps Today. Retrieved 11 June 2017.
- ^ Tiernan Ray (1 October 2014). "Tech Pioneer Kurtzig Revisits the Enterprise with Kenandy". Barron's. Retrieved 11 June 2017.
- ^ a b Dean Takahashi (29 August 2011). "Kenandy raises $10.5M for cloud "social manufacturing"". Venture Beat. Retrieved 11 June 2017.
- ^ Jason Bloomberg (21 September 2015). "Salesforce Ecosystem: Growth Beyond The Cloud". Forbes. Retrieved 11 June 2017.
- ^ Chris Preimesberger (13 October 2014). "Cloud ERP Provider Kenandy Expands Service Offerings". eWeek. Retrieved 11 June 2017.
- ^ 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.
- ^ Phil Wainewright (11 September 2015). "Kurtzig hands over reins as Kenandy CEO". Diginomica. Retrieved 11 June 2017.
- ^ Lisen Stromberg (8 July 2015). "Sandra Kurtzig: The Original Silicon Valley "Mompreneur"". The Huffington Post. Retrieved 11 June 2017.
- ^ "Pieces Technology Launches With $21.6m Series A Round". Red Herring. 18 March 2016. Retrieved 11 June 2017.
- ^ Dan Primack (18 March 2016). "Term Sheet — Friday, March 18". Fortune. Retrieved 11 June 2017.
- ^ Dignan, Larry. "Rootstock acquires Kenandy as ERP on Salesforce platform consolidates". ZDNet. Retrieved 2020-04-17.