In the October 2014 issue of Smart Libraries Newsletter we reported on the transition of the Kuali projects to a more commercial model. Since the publication of that story, there has been some additional activity worth noting. The new commercial entity now has a name, KualiCo, and it can be found on the Web at kuali.co. The company will be based in Salt Lake City, Utah. According to recent information on its website, the company employs around 25.
As noted, the company will be led by Joel Dehlin as CEO, who will also hold a seat on its Board of Directors. The Kuali Foundation will also appoint a member to the board. Administrators from educational institutions will also be appointed and will serve without compensation and will serve only with explicit approval by their campus administration to avoid conflicts of interest. Non-educational administrators on the board will be compensated through equity in the company. The Kuali Foundation is named as an investor in the company, contributing $2 million from its cash reserves.
The company has already made a strategic acquisition. In October, KualiCo acquired the business component of rSmart involved in providing software-as-a-service for Kuali implementations. The former CEO of rSmart, Chris Coppela, joined KualiCo as its Chief Operating Officer and is responsible for sales, marketing, operations, and product development. Prior to its acquisition, rSmart offered hosting services primarily for Kuali Financial System and Kuali Coeus research management module. Those organizations relying on rSmart's hosting will shift to support by KualiCo under similar arrangement.
Previously, rSmart was involved in other business activities related to Kuali projects. Those consulting services were acquired by Navigator Management Partners, a consulting firm offering a variety of services in educational, government, retail, health, and other business sectors.
These developments reflect rapid movement in the establishment of the new commercial company for the broader set of Kuali products. No specific activity has been reported related to Kuali OLE, which continues as before under the management and control of its own boards, separate from those of other projects.