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Kony - About the company

Kony is an acquired company based in Austin (United States), founded in 2007 by Rajesh Telugunti. It operates as a Cloud-based integrated application solutions platform. Kony has raised $108M in funding from investors like Insight Partners, Telstra Ventures and SoftBank Group. The company has 524 active competitors, including 80 funded and 53 that have exited. Its top competitors include companies like Vercel, DigitalOcean and Heroku.

Company Details

Kony is a provider of a cloud-based field operations platform. The features of the product include field inspections, work order & maintenance, asset tracking, incident & hazard reporting, journey management, etc. The platform provides the right information at the right time for field operators. It also provides solutions for Digital Banking and Development Platform. The product is used by industries such as retail, healthcare, government, manufacturing, automotive, etc. The clientele includes Amway, Engie, DBS, KMC Control, Medical Mutual, Scotiabank, KPMG, Farmatodo, Den Haag, etc.
Website
kony.com
Social
X
Registered Address
146,STERLING ROAD, NUNGAMBAKKAM., CHENNAI, Tamil Nadu, India, 600034
Key Metrics
Founded Year
2007
Location
Austin, United States
Stage
Acquired
Total Funding
$108M in 8 rounds
Ranked
Employee Count
402 as on Feb 28, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Temenos (Aug 28, 2019)

Kony's acquisition details

Kony got acquired by Temenos on Aug 28, 2019 at an acquisition amount of $559M. It was facilitated by Davis Polk and Lazard.
Click here to take a look at Kony's acquisition in detail
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Kony's funding and investors

Kony has raised a total funding of $108M over 8 rounds. Its first funding round was on Feb 24, 2011. Its latest funding round was a Conventional Debt round on Jul 30, 2019 for $*****. 1 investor participated in its latest round. Kony has 11 institutional investors.

Here is the list of recent funding rounds of Kony:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 30, 2019
1124870
Conventional Debt
7644599
6670791
4658552
3859192
May 22, 2017
7481199
Series E
7812353
5903517
3462323
May 12, 2015
1424700
Series E
7895639
6542101
6381162
9848677
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Kony's founders and board of directors

Founder? Claim Profile
The founders of Kony is Rajesh Telugunti. Max Chuard is the CEO of Kony.
Here are the details of Kony's key team members:

Kony's employee count trend

Kony has 402 employees as of Feb 26. Here is Kony's employee count trend over the years:
Employee count trend for Kony
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Kony's Competitors and alternates

Top competitors of Kony include Vercel, DigitalOcean and Heroku. Here is the list of Top 10 competitors of Kony, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Vercel
Vercel
2015, Covina (United States), Series F
Provider of cloud infrastructure and developer tools for web applications
$863M
81/100
2nd
Logo for DigitalOcean
DigitalOcean
2011, New York City (United States), Public
Provider of cloud infrastructure, virtual machines, and managed database hosting
$174M
79/100
3rd
Logo for Heroku
Heroku
2007, San Francisco (United States), Acquired
Saas based provider of integrated platform as a service solutions
$17M
72/100
4th
Logo for Progress
Progress
1981, Bedford (United States), Public
Platform offering IDE based application development software
-
69/100
5th
Logo for WSO2
WSO2
2005, Santa Clara (United States), Acquired
Provider of open-source platform for API management, integration, and identity
$130M
66/100
6th
Logo for OutSystems
OutSystems
2001, Linda A Velha (Portugal), Series F
Developer of a low-code platform with AI-powered application development capabilities
$803M
66/100
7th
Logo for Gitpod
Gitpod
2017, Kiel (Germany), Series A
Platform offering integrated cloud development environment
$41M
65/100
8th
Logo for Temporal
Temporal
2019, Seattle (United States), Series D
Platform offering integrated cloud application development solution
$650M
64/100
9th
Logo for Blink
Blink
2021, Tel Aviv (Israel), Series B
Developer of a platform for agentic security operations and automation
$100M
63/100
10th
Logo for AppSheet
AppSheet
2014, Seattle (United States), Acquired
Developer of a no-code platform for building and automating applications
$20.8M
61/100
13th
Logo for Kony
Kony
2007, Austin (United States), Acquired
Cloud-based integrated application solutions platform
$108M
60/100
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Kony's Investments and acquisitions

Kony has acquired 2 companies including Pivotus Ventures and Pivotus. Kony has not made any investments as of now.

News related to Kony

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Nymbus names Jeffery Kendall CEOFinextraSep 28, 2020Nymbus, Kony
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