KnowledgeVision Systems, a Lincoln, Massachusetts-based developer of online video presentation technology, closed a new $1.875m round of financing.
Backers included institutional, private, and strategic investors. Existing investor GrandBanks Capital participated in the financing.
The company intends to use the capital to fund new product initiatives, and expand adoption worldwide.
Led by CEO Michael Kolowich, KnowledgeVision provides cloud-based services that allow users to create interactive video experiences by synchronizing presentation slides with video or audio streams, reference links, navigation, searchable transcripts, and social media tools (watch here how it works).
These online presentations are used for e-learning, content marketing, sales enablement, corporate communications, and investor relations.