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July 9, 2012 10:54 am GMT

Knowledge Tree Raises $4.75 Million To Advance SaaS-Based Document Management

icon1Knowledge 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.

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