Kenandy

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

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. Archived from the original on January 20, 2015. Retrieved June 11, 2017.
  5. Jennifer Reingold (October 2, 2014). "Sandy Kurtzig, founder of Kenandy". Fortune. Retrieved June 11, 2017. {{cite magazine}}: Cite magazine requires |magazine= (help)
  6. 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. 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.
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