Kony Solutions Raises $19.1 Million For Mobile Application Platform
Kony Solutions, provider of a so-called 'write once, run everywhere' mobile platform and vertical market mobile solutions, this morning announced that it has secured $19.1 million in Series A financing from Insight Venture Partners, the investment firm that boasts stakes in companies like Twitter, Chegg and HauteLook. Kony initially raised a tranche of $13.4 million from Insight, which it says will enable it to expand its research and development related to its mobile application platform, which serves millions of users worldwide. In addition, the funding will be used to accelerate the global rollout of Kony's sales and marketing.Source: http://feedproxy.google.com/~r/Techcrunch/~3/0gayDsskxO8/
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