Kony Solutions, provider of a so-called ‘write once, run everywhere’ mobile platform and vertical market mobile solutions, this morning announced that it has secured $19.1 million in Series A financing from Insight Venture Partners, the investment firm that boasts stakes in companies like Twitter, Chegg, Six Waves, Datacore Software and HauteLook.
Kony initially raised a tranche of $13.4 million from Insight, which it says will enable it to expand its research and development related to its mobile application platform, which serves millions of users worldwide. In addition, the funding will be used to accelerate the global rollout of Kony’s sales and marketing.
Kony says more than 35 Fortune 500 brands have engaged its solutions to develop, design, deploy and manage their mobile offerings, across more than 8,500 mobile devices, from the iPad and iPhone to Android, BlackBerry, Symbian, J2ME, Windows Phone 7 and Palm devices.
In addition, Kony’s platform also supports device-optimized mobile websites for more than 15 browsers, such as Apple Safari, Google Chrome and Firefox with support from WML through HTML5 (depending on browser capabilities and device form factors).
This morning, we reported that Netbiscuits, which also provides a (cloud-based) mobile software platform, raised millions in funding from T-Venture and Creathor Venture.
Kony is the industry’s leading mobile enterprise application development platform (MADP) provider, with more than 70 of the Fortune 500 among its customers. Kony enables companies to deliver innovative mobile solutions on every mobile device. Leveraging the KonyOne Platform, an application is defined just once, and can be deployed across more than 10,000 devices, seven operating systems and multiple channels, including HTML5 and mobile web, hybrid, native, mixed-mode, kiosks, desktop and tablet applications. The KonyOne Platform provides a universal framework...
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