KnowledgeTree Closes $4.75M in Series B Financing

KnowledgeTree, a Raleigh, North Carolina-based provider of SaaS tools for enterprise customers, has closed $4.75m in Series B financing.

Backers include River Cities Capital Funds, Core Capital Partners, Hatteras Funds and Hasso Plattner Ventures Africa.

In conjunction with the funding, the company will add Edward McCarthy, managing director of River Cities Capital Funds, and Will Dunbar, managing director of Core Capital Partners, to its board.

Led by Daniel Chalef, chief executive officer, KnowledgeTree provides cloud-based social and enterprise-focused solutions that help global clients create, discover and manage business documents anywhere.

Customers include Miramax Films, Alcatel-Lucent, Genesys, Fuji Chemical, among others.



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