Kenandy is a Rootstock Software company, is an American

business-to-business Business-to-business (B2B or, in some countries, BtoB) refers to trade and commercial activity where a business sees other businesses as its customer base. This typically occurs when: * A business sources materials for its production process for ...

software Software consists of computer programs that instruct the Execution (computing), execution of a computer. Software also includes design documents and specifications. The history of software is closely tied to the development of digital comput ...

provider founded by tech entrepreneur Sandra Kurtzig. Kenandy is a vendor to combine quote to cash and

enterprise resource planning Enterprise resource planning (ERP) is the integrated management of main business processes, often in real time and mediated by software and technology. ERP is usually referred to as a category of business management software—typically a suit ...

in a single

cloud computing Cloud computing is "a paradigm for enabling network access to a scalable and elastic pool of shareable physical or virtual resources with self-service provisioning and administration on-demand," according to International Organization for ...

solution. Kenandy is also a full-function enterprise resource planning vendor that runs native on the

Salesforce.com Salesforce, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides applications focused on sales, customer service, marketing automation, e-commerce, analytics, artificial intelligence, and appl ...

App Cloud. Kenandy allows businesses to collect, store, manage and interpret data on product planning, manufacturing, delivery, financial reporting, general ledger, marketing and sales. The company combines manufacturing software with

and

social media Social media are interactive technologies that facilitate the Content creation, creation, information exchange, sharing and news aggregator, aggregation of Content (media), content (such as ideas, interests, and other forms of expression) amongs ...

and is able to orchestrate

SAP SE Sap is a fluid transported in the xylem cells (vessel elements or tracheids) or phloem sieve tube elements of a plant. These cells transport water and nutrients throughout the plant. Sap is distinct from latex, resin, or cell sap; it is a s ...

, Salesforce, and other functionality.

History

Kenandy's founder Sandra Kurtzig set up the company in

Redwood City, California Redwood City is a city on the San Francisco Peninsula in the San Francisco Bay Area, Bay Area of Northern California, approximately south of San Francisco and northwest of San Jose, California, San Jose. The city's population was 84,292 accor ...

, in 2010 and named it after her sons Ken and Andy. It was Salesforce's first cloud ERP application. The company raised $10.5 million in August 2011 in a first round of funding led by

Kleiner Perkins Caufield & Byers Kleiner Perkins, formerly Kleiner Perkins Caufield & Byers (KPCB), is an American venture capital firm which specializes in investing in incubation, early stage and growth companies. Since its founding in 1972, the firm has backed entrepreneur ...

. Other investors included

and

Wilson Sonsini Goodrich & Rosati Wilson Sonsini Goodrich & Rosati (known as Wilson Sonsini) is an American multinational law firm specializing in business, securities, venture capital, and intellectual property law. It is generally one of the top-grossing law firms in the worl ...

. Kurtzig announced in September 2015 she would step down as CEO with Chuck Berger being her successor. Kenandy raised another $11.5 million in a Series B funding in March 2016 from its previous investors and

Lightspeed Venture Partners Lightspeed Venture Partners is a global venture capital firm focusing on seed stage, early stage investments and growth stage investments in the enterprise, fintech, consumer and healthcare sectors. Lightspeed has eleven offices globally and as o ...

. The total funds raised by the company (including the first close on the Series B round in 2013) amount to $55 million. Kenandy was acquired by Rootstock Software on January 11, 2018.

References

{{reflist ERP software companies Software companies established in 2010 Defunct software companies of the United States Companies based in Redwood City, California 2010 establishments in California American companies established in 2010