KaiNexus Secures Major Investment and Announces New CEO

 

Feb. 3, 2014 - AUSTIN, Texas –  KaiNexus, the leading provider of cloud applications to support innovation and improvement (IAI), announced that it has secured a major equity investment from a consortium of private investors.  KaiNexus is also pleased to announce the appointment of Allan Wilson as CEO, effective January 31.  

Wilson succeeds Greg Jacobson, MD, who will assume the role of Chief Product Officer.  Dr. Jacobson and Chief Technology Officer Matt Paliulis founded KaiNexus in 2009.

“Matt and I are delighted that Allan has chosen to lead the company.  Allan’s contributions over the past few months as a member of our advisory board have been invaluable.  We strongly believe Allan’s experience in developing and marketing enterprise software globally will provide the leadership necessary to increase brand awareness, create rapid customer adoption, and significantly grow the business,” said Jacobson.

“Every company must innovate and improve,” says Wilson.  “The KaiNexus platform enables seamless collaboration and drives improvement for maximum impact on bottom line business performance integrating with other cloud ERP and Human Capital Management solutions.  KaiNexus is creating an exciting new category of software and a vital component in an enterprise portfolio.”

Wilson is a 35-year veteran of the software industry.  He was most recently CEO of Veros Systems, head of Lean Manufacturing for SAP and President and CEO of Austin-based Factory Logic Inc., which he sold to SAP in 2006.