Kenandy

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Kenandy Inc.
Industry
Founded2010
FounderSandra Kurtzig
Headquarters
San Ramon, California
,
USA
Area served
North America
OwnerRootstock Software
Websitewww.kenandy.com

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, 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.
  2. ^ Deborah Gage (August 29, 2011). "Silicon Valley Pioneer Sandra Kurtzig Back In Start-Up Game With Kenandy". The Wall Street Journal. Retrieved January 13, 2014.
  3. ^ Phil Wainewright (December 15, 2015). "Kenandy broadens cloud ERP with CPQ, subscription billing". Diginomica. Retrieved June 11, 2017.
  4. ^ Ben Kepes (January 14, 2015). "FinancialForce Hits $50M Run Rate--Mid Market Getting Sexier". Forbes. Retrieved June 11, 2017.
  5. ^ Jennifer Reingold (October 2, 2014). "Sandy Kurtzig, founder of Kenandy". Fortune. Retrieved June 11, 2017. Cite magazine requires |magazine= (help)
  6. ^ a b Gina Hall (March 18, 2016). "Kenandy raises $11.5M, adds to its C-suite". BizJournals (San Jose). Retrieved June 11, 2017.
  7. ^ Drew Robb (June 3, 2013). "7 Cloud ERP Startups to Watch". Enterprise Apps Today. Retrieved June 11, 2017.
  8. ^ Tiernan Ray (October 1, 2014). "Tech Pioneer Kurtzig Revisits the Enterprise with Kenandy". Barron's. Retrieved June 11, 2017.
  9. ^ a b Dean Takahashi (August 29, 2011). "Kenandy raises $10.5M for cloud "social manufacturing"". Venture Beat. Retrieved June 11, 2017.
  10. ^ Jason Bloomberg (September 21, 2015). "Salesforce Ecosystem: Growth Beyond The Cloud". Forbes. Retrieved June 11, 2017.
  11. ^ Ari Levy (June 17, 2015). "Tech Giant's Second Swan Song". CNBC (Cable NBC news).
  12. ^ Chris Preimesberger (October 13, 2014). "Cloud ERP Provider Kenandy Expands Service Offerings". eWeek. 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. Retrieved June 11, 2017.
  14. ^ Phil Wainewright (September 11, 2015). "Kurtzig hands over reins as Kenandy CEO". Diginomica. Retrieved June 11, 2017.
  15. ^ Lisen Stromberg (July 8, 2015). "Sandra Kurtzig: The Original Silicon Valley "Mompreneur"". The Huffington Post. Retrieved June 11, 2017.
  16. ^ "Pieces Technology Launches With $21.6m Series A Round". Red Herring. March 18, 2016. Retrieved June 11, 2017.
  17. ^ Dan Primack (March 18, 2016). "Term Sheet — Friday, March 18". Fortune. Retrieved June 11, 2017.
  18. ^ Dignan, Larry. "Rootstock acquires Kenandy as ERP on Salesforce platform consolidates". ZDNet. Retrieved April 17, 2020.

External links[]

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