Kenandy
| Industry | |
|---|---|
| Founded | 2010 |
| Founder | Sandra Kurtzig |
| Headquarters | , |
Area served | North America |
| Owner | Rootstock Software |
Kenandy is a Rootstock Software company, is an American business-to-business software provider founded by tech entrepreneur Sandra Kurtzig. Kenandy is a vendor to combine quote to cash and enterprise resource planning in a single cloud computing solution. Kenandy is also a full-function enterprise resource planning vendor that runs native on the Salesforce.com App Cloud.[1][2]
Kenandy allows businesses to collect, store, manage and interpret data on product planning, manufacturing, delivery, financial reporting, general ledger, marketing and sales.[3][4][5] The company combines manufacturing software with cloud computing and social media[6] and is able to orchestrate SAP SE, Salesforce, and other functionality.[7]
History
[edit | edit source]Kenandy's founder Sandra Kurtzig set up the company in Redwood City, California, in 2010[8] and named it after her sons Ken and Andy. It was Salesforce's first cloud ERP application.[9] 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.[6] Kurtzig announced in September 2015 she would step down as CEO with Chuck Berger being her successor.[10]
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.[3][11][12]
Kenandy was acquired by Rootstock Software on January 11, 2018.[13]
References
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