Thomas R. Kennedy Jr.
Thomas R. Kennedy Jr. (born November 26, 1950) is an American who founded BackOffice Associates in 1996.[1] He went on to patent a direct rendering technology inside the CranSoft platform that enabled rapid application development in a declarative environment. BackOffice Associates experienced exponential growth and profitability and sold to Goldman Sachs private equity initially in 2008 for a 15% stake with a final buyout in 2012.[2]
In 2013, Kennedy co-founded Zudy with his wife, Patricia Kennedy.[3] The company’s low-code development platform, VINYL, allows organizations to rapidly develop enterprise applications without code. In December 2014, South Florida investors Miami Stuff LLC invested $7.5 million in Zudy.[4] The company has hiring goals of 350 people by the end of 2018, with 150+ hired this year and another 120 by the end of 2018 at its Harwich, MA innovation & training center.[5] Zudy currently has 36 customers that include iHeart Media, the New England Patriots and Brooks Brothers.[6]
Personal life
Kennedy is married to Patricia Kennedy, co-founder and former CEO of BackOffice Associates. She is also founder of SportsMoney and Zudy.com. They reside in Miami Beach, Florida and summer in Cape Cod, Massachusetts with their 4 sons.[7]
References
- ↑ Woodie, Alex (April 2008) "Data Quality is a BackOffice Associates Strategy" IT Jungle
- ↑ Kharif, Olga, (December 2012) "Goldman Sachs- Backed BackOffice Buys Out Founders as IPO Planned." Bloomberg
- ↑ Harris, David (January 2015) "[1]" Boston Business Journal
- ↑ Harris, David (January 2015) "[2]" Boston Business Journal
- ↑ Lima, Debora. (June 2017) "[3]"
- ↑ Harris, David (June 2017) "[4]"
- ↑ Gold, Robert (December 2012) "BackOffice buys out Cape-based founders Archived 2012-12-31 at the Library of Congress Web Archives" Cape Cod Times
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