Georgian Partners joins $50 mln financing of Kony

Kony Inc, an enterprise-focused mobility platform, has raised US$50 million in additional funding. The round was led by SoftBank Capital, the venture investment arm of Japanese telecom SoftBank Corp, and Insight Venture Partners. Joining the round was existing investor Georgian Partners, a Canadian venture capital firm, as well as Telstra Venture, Delta-V and Hamilton Lane. Founded in 2007, Kony has its headquarters in Orlando, Florida. Earlier in 2014, Georgian Partners led the $10 million Series B financing of Toronto's Top Hat Inc, a mobile and web-based classroom engagement company, and initially closed Georgian Partners Growth Fund II at $100 million.

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