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Kony Solutions Announces $15 Million Series C Financing

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As we mentioned back on May 17, Kony Solutions, a mobile application development program, recently raised $15 million in Series C funding.

The round was lead by Insight Venture Partners, a firm in New York that contributed $19.1 million to Kony’s Series A round back in January of 2011.

Kony plans to use the money to:

    • Deploy new sales and marketing programs
    • Expand regionally 
    • Hire more employees

This new round will bring Kony’s total funding to almost $39 million.

To learn more about Kony, watch its FinovateFall 2010 demo.