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Kenandy

Topic: Company

 From HandWiki - Reading time: 3 min
Short description: Software family, ERP/Enterprise Resource Management
Kenandy Inc.
Industry
Founded2010
FounderSandra Kurtzig
Headquarters
San Ramon, California
,
United States
Area served
North America
OwnerRootstock Software

Kenandy,[1][2] a Rootstock Software company, 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[buzzword], and a full-function ERP vendor that runs native on the Salesforce App Cloud.[3][4][5]

Kenandy allows businesses to collect, store, manage and interpret data on product planning, manufacturing, delivery, financial reporting, general ledger, marketing and sales.[6][7][8] The company combines manufacturing software with cloud technology and social media[9] and is able to orchestrate SAP, Salesforce, and other functionality.[10]

History

Kenandy's founder Sandra Kurtzig set up the company in Redwood City, California, in 2010[11] and named it after her sons Ken and Andy. It was Salesforce's first cloud ERP application.[12][13] 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.[9] Kurtzig announced in September 2015 she would step down as CEO with Chuck Berger being her successor.[14] The company grew to nearly 100 employees.[15] 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.[6][16][17]

Kenandy was acquired by Rootstock Software on January 11, 2018.[18]

References

  1. ↑ Adam Bryant (December 1, 2012). "Don't Chase Everything That Shines". The New York Times. https://www.nytimes.com/2012/12/02/business/sandra-kurtzig-of-kenandy-on-keeping-companies-focused.html. 
  2. ↑ Deborah Gage (August 29, 2011). "Silicon Valley Pioneer Sandra Kurtzig Back In Start-Up Game With Kenandy". The Wall Street Journal. https://blogs.wsj.com/venturecapital/2011/08/29/silicon-valley-pioneer-back-in-start-up-game-with-new-company-kenandy. Retrieved 2014-01-13. 
  3. ↑ Phil Wainewright (December 15, 2015). "Kenandy broadens cloud ERP with CPQ, subscription billing". Diginomica. http://diginomica.com/2015/12/15/kenandy-broadens-cloud-erp-with-cpq-subscription-billing. Retrieved June 11, 2017. 
  4. ↑ Ben Kepes (January 14, 2015). "FinancialForce Hits $50M Run Rate--Mid Market Getting Sexier". Forbes. https://www.forbes.com/sites/benkepes/2015/01/14/financialforce-hits-50m-run-rate-mid-market-getting-sexier/#61bfff82553f. Retrieved June 11, 2017. 
  5. ↑ Jennifer Reingold (October 2, 2014). Sandy Kurtzig, founder of Kenandy. Fortune. http://fortune.com/video/2014/10/02/sandy-kurtzig-founder-of-kenandy. Retrieved June 11, 2017. 
  6. ↑ 6.0 6.1 Gina Hall (March 18, 2016). "Kenandy raises $11.5M, adds to its C-suite". BizJournals (San Jose). http://www.bizjournals.com/sanjose/blog/techflash/2016/03/kenandy-raises-11-5m-adds-to-its-c-suite.html. Retrieved June 11, 2017. 
  7. ↑ Drew Robb (June 3, 2013). "7 Cloud ERP Startups to Watch". Enterprise Apps Today. http://www.enterpriseappstoday.com/erp/7-cloud-erp-startups-to-watch.html. Retrieved June 11, 2017. 
  8. ↑ Tiernan Ray (October 1, 2014). "Tech Pioneer Kurtzig Revisits the Enterprise with Kenandy". Barron's. http://blogs.barrons.com/techtraderdaily/2014/10/01/tech-pioneer-kurtzig-revisits-the-enterprise-with-kenandy. Retrieved June 11, 2017. 
  9. ↑ 9.0 9.1 Dean Takahashi (August 29, 2011). "Kenandy raises $10.5M for cloud "social manufacturing"". Venture Beat. https://venturebeat.com/2011/08/29/kenandy-raises-10-5m-for-cloud-based-social-manufacturing. Retrieved June 11, 2017. 
  10. ↑ Jason Bloomberg (September 21, 2015). "Salesforce Ecosystem: Growth Beyond The Cloud". Forbes. https://www.forbes.com/sites/jasonbloomberg/2015/09/21/salesforce-ecosystem-growth-beyond-the-cloud/#682442b96f60. Retrieved June 11, 2017. 
  11. ↑ Ari Levy (June 17, 2015). "Tech Giant's Second Swan Song". CNBC (Cable NBC news). https://www.cnbc.com/2015/06/17/a-female-tech-giants-second-swan-song.html. 
  12. ↑ Chris Preimesberger (October 13, 2014). "Cloud ERP Provider Kenandy Expands Service Offerings". eWeek. http://www.eweek.com/cloud/cloud-erp-provider-kenandy-expands-service-offerings.html. Retrieved June 11, 2017. 
  13. ↑ Emma Reynolds (July 28, 2015). "Queen of Silicon Valley Sandra Kurtzig on making it to the top and staying there". news.com.au. http://www.news.com.au/technology/innovation/queen-of-silicon-valley-sandra-kurtzig-on-success-of-ask-computers/news-story/20daf036aafe1cab7d264bc7f2cf5d8b. Retrieved June 11, 2017. 
  14. ↑ Phil Wainewright (September 11, 2015). "Kurtzig hands over reins as Kenandy CEO". Diginomica. http://diginomica.com/2015/09/11/kurtzig-hands-over-reins-as-kenandy-ceo. Retrieved June 11, 2017. 
  15. ↑ Lisen Stromberg (July 8, 2015). "Sandra Kurtzig: The Original Silicon Valley "Mompreneur"". The Huffington Post. http://www.huffingtonpost.com/lisen-stromberg/sandra-kurtzig-the-origin_b_7749390.html. Retrieved June 11, 2017. 
  16. ↑ "Pieces Technology Launches With $21.6m Series A Round". Red Herring. March 18, 2016. http://www.redherring.com/finance/pieces-technology-launches-21-6m-series-round. Retrieved June 11, 2017. 
  17. ↑ Dan Primack (March 18, 2016). "Term Sheet — Friday, March 18". Fortune. http://fortune.com/2016/03/18/term-sheet-friday-march-18. Retrieved June 11, 2017. 
  18. ↑ Dignan, Larry. "Rootstock acquires Kenandy as ERP on Salesforce platform consolidates" (in en). https://www.zdnet.com/article/rootstock-acquires-kenandy-as-erp-on-salesforce-platform-consolidates. 




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