ORIX Growth Capital announced today that it has completed an investment in Kony Inc., a leading enterprise mobility solutions and digital applications provider. The investment will be used to support Kony’s continued global expansion, as the company leverages its market-leading technology to capture increased share of a rapidly growing digital market.
“Kony has an impressive team and a leading position in the enterprise mobility market,” said David Orlandella, Managing Director of ORIX Growth Capital. “We are excited to support the company’s ongoing success in core verticals including financial services, energy and healthcare. Going forward, we expect the company to build upon this success as it benefits from enterprise mobility mega-trends including digital transformation, low-code application development, Internet of Things, Artificial Intelligence, application platform as a service (aPaaS) and omni-channel digital experiences.”
“We are thrilled to add ORIX Growth Capital to our family of strategic investors,” said Thomas E. Hogan, chief executive officer of Kony Inc. “ORIX’s investment is a powerful endorsement of Kony’s aggressive growth agenda and market leadership. We remain committed to strengthening our market lead by continuing to drive digital innovation and empowering our customers to transform their businesses with next-generation digital experiences.”