Kaleo, an El Segundo, CA-based developer of an enterprise SaaS curation and discovery application, closed a $1.5m funding.
The round was led by Greycroft Partners, with participation from Double M Partners, TenOneTen Ventures and others.
The company intends to use the funds to expand its device reach and the user base.
Led by Phil Hui-Bon-Hoa, CEO, John Lynch, CTO, and William J. O’Brien Chief Revenue Officer, Kaleo Software has developed a cloud-based network that allows authorized users to search for accurate information on topics, ranging from product to process related questions within the applications they are working or through their mobile devices. Customers include Fortune 100 companies such as Dell and Ventura Foods and other organizations in the entertainment and home-building industries.