Back to Blog

Kony Brings in $50 Million in Financing Led by SoftBank Capital


With expansion into the mobile channel no longer an option but a necessity, it’s no wonder that enterprise mobility company, Kony Solutions, received additional backing today.

The Florida-based company pulled in $50 million from SoftBank Capital, who led the round, followed by Delta-V and Hamilton Lane, along with existing investors:

    • Insight Venture Partners
    • Telstra Ventures
    • Georgian Partners

This newest installment brings Kony’s total funding to $98.4 million.

Kony helps a variety of verticals deliver mobile apps by helping with everything from design, to deployment, to management of the app. It specializes in creating unified multi-channel solutions that run across multiple platforms. It plans to use the funding to expand its global reach and expand services for existing clients.

Kony demonstrated at FinovateSpring 2011 where it debuted mobile banking technology. You can check out the demo video here.