Kenandy Secures $10,500,000 Series A Funding

  • Feed Type
  • Date
    8/30/2011
  • Company Name
    Kenandy
  • Mailing Address
    2055 Woodside Road Redwood City, CA 94061
  • Company Description
    Manufacturing is changing. Dramatically. As vertically integrated manufacturing disappears, replaced by today’s horizontal networks of global suppliers and distributors, manufacturing companies require lean, agile, collaborative operations to maintain market value and efficiently deliver innovative products. Traditional ERP systems just haven’t evolved with the challenge—lacking a social platform, mobility, and openness, they are neither lean nor agile, and tend to impede rather than foster collaboration and innovation.
  • Website
    http://www.kenandy.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,500,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Kleiner Perkins Caufield & Byers
  • Venture Investor
    Salesforce.com

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