Kenandy

Kenandy Inc.

Industry	Enterprise resource planning Cloud computing
Founded	2010
Founder	Sandra Kurtzig
Headquarters	San Ramon, California , USA
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

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

1. Phil Wainewright (December 15, 2015). "Kenandy broadens cloud ERP with CPQ, subscription billing". Diginomica. Retrieved June 11, 2017.
2. Jennifer Reingold (October 2, 2014). "Sandy Kurtzig, founder of Kenandy". Fortune Magazine. {{cite magazine}}: Cite magazine requires |magazine= (help)
3. Gina Hall (March 18, 2016). "Kenandy raises $11.5M". BizJournals. Retrieved June 11, 2017.
4. Drew Robb (June 3, 2013). "7 Cloud ERP Startups to Watch". Enterprise Apps Today. Retrieved June 11, 2017.
5. Tiernan Ray (October 1, 2014). "Tech Pioneer Kurtzig Revisits the Enterprise with Kenandy". Barron's. Retrieved June 11, 2017.
6. Dean Takahashi (August 11, 2011). "Kenandy raises $10.5M for cloud "social manufacturing"". Venture Beat. Retrieved June 11, 2017.
7. Jason Bloomberg (September 21, 2015). "Salesforce Ecosystem: Growth Beyond The Cloud". Forbes.
8. Ari Levy (June 17, 2015). "Tech Giant's Second Swan Song". CNBC.
9. Chris Preimesberger (October 13, 2014). "Cloud ERP Provider Kenandy Expands Service Offerings". eWeek. Retrieved June 11, 2017.
10. Phil Wainewright (September 11, 2015). "Kurtzig hands over reins as Kenandy CEO". Diginomica. Retrieved June 11, 2017.
11. "Pieces Technology Launches With $21.6m Series Round". Red Herring. March 18, 2016. Retrieved June 11, 2017.
12. Dan Primack (March 18, 2016). "Term Sheet: Friday 18 March". Fortune Magazine.
13. Dignan, Larry. "Rootstock acquires Kenandy as ERP on Salesforce platform consolidates". ZDNet. Retrieved April 17, 2020.