Monday, July 9, 2012
Knowledge Tree Raises $4.75 Million To Advance SaaS-Based Document Management
Knowledge Tree started as an on-premise software company. In 2010, the company pivoted to the cloud. Today, the software-as-a-service (SaaS) company originally from South Africa announced a $4.75 million Series B round of venture capital investmen from River Cities Capital Funds, Core Capital Partners, Hatteras Funds, and lead Series A investor Hasso Plattner Ventures Africa. Knowledge Tree provides a twist the normally mundanee task of document management by using social technologies to help in the authoring and subsequent collaboration around documents within a structured environment.