Kenandy

Kenandy, 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.[1][2][3]

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

Kenandy allows businesses to collect, store, manage and interpret data on product planning, manufacturing, delivery, financial reporting, general ledger, marketing and sales.[4][5][6] The company combines manufacturing software with cloud technology and social media[7] and is able to orchestrate SAP, Salesforce, and other functionality.[8]

Kenandy's founder Sandra Kurtzig set up the company in Redwood City, California, in 2010 and named it after her sons Ken and Andy. It was Salesforce's first cloud ERP application.[9][10] 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.[7] Kurtzig announced in September 2015 she would step down as CEO with Chuck Berger being her successor.[11] The company grew to nearly 100 employees.[12] 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.[4][13][14]

Kenandy was acquired by Rootstock Software on January 11, 2018.[15]

References
  1. Phil Wainewright (15 December 2015). "Kenandy broadens cloud ERP with CPQ, subscription billing". Diginomica. Retrieved 11 June 2017.
  2. Ben Kepes (14 January 2015). "FinancialForce Hits $50M Run Rate--Mid Market Getting Sexier". Forbes. Retrieved 11 June 2017.
  3. Jennifer Reingold (2 October 2014). "Sandy Kurtzig, founder of Kenandy". Fortune. Retrieved 11 June 2017.
  4. Gina Hall (18 March 2016). "Kenandy raises $11.5M, adds to its C-suite". Silicon Valley Business Journal. Retrieved 11 June 2017.
  5. Drew Robb (3 June 2013). "7 Cloud ERP Startups to Watch". Enterprise Apps Today. Retrieved 11 June 2017.
  6. Tiernan Ray (1 October 2014). "Tech Pioneer Kurtzig Revisits the Enterprise with Kenandy". Barron's. Retrieved 11 June 2017.
  7. Dean Takahashi (29 August 2011). "Kenandy raises $10.5M for cloud "social manufacturing"". Venture Beat. Retrieved 11 June 2017.
  8. Jason Bloomberg (21 September 2015). "Salesforce Ecosystem: Growth Beyond The Cloud". Forbes. Retrieved 11 June 2017.
  9. Chris Preimesberger (13 October 2014). "Cloud ERP Provider Kenandy Expands Service Offerings". eWeek. Retrieved 11 June 2017.
  10. Emma Reynolds (28 July 2015). "Queen of Silicon Valley Sandra Kurtzig on making it to the top and staying there". news.com.au. Retrieved 11 June 2017.
  11. Phil Wainewright (11 September 2015). "Kurtzig hands over reins as Kenandy CEO". Diginomica. Retrieved 11 June 2017.
  12. Lisen Stromberg (8 July 2015). "Sandra Kurtzig: The Original Silicon Valley "Mompreneur"". The Huffington Post. Retrieved 11 June 2017.
  13. "Pieces Technology Launches With $21.6m Series A Round". Red Herring. 18 March 2016. Retrieved 11 June 2017.
  14. Dan Primack (18 March 2016). "Term Sheet — Friday, March 18". Fortune. Retrieved 11 June 2017.
  15. Dignan, Larry. "Rootstock acquires Kenandy as ERP on Salesforce platform consolidates". ZDNet. Retrieved 2020-04-17.
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