WhoKnows has received Series A funding from PivotNorth Capital, The Citrix Accelerator and unnamed angel investors. No financial terms were disclosed, although some outlets report the amount to be $1.75 million. Based in Mountain View, Calif., WhoKnows is a provider of solutions that help employees at companies identify colleagues who can aid them when needed.
PRESS RELEASE
WhoKnows today announced it has raised Series A from PivotNorth Capital, The Citrix Accelerator and angel investors for its breakthrough Enterprise Knowledge Acceleration Platform that revolutionizes how organizations unlock the knowledge and expertise within their companies and enables employees to work more efficiently. The solution provides management with insight into organizational expertise and capabilities and is instrumental in positively impacting enterprise competitiveness and profitability. Whoknows’ Automatic Expertise Discovery Engine utilizes breakthrough technology to accurately determine “who knows what” within today’s enterprises.
“In today’s knowledge economy, companies recognize how important it is to identify their unique and differentiated organizational skills and proficiencies with a high degree of accuracy. With the increased complexity of the modern workplace, it has become harder for knowledge workers to find and connect with colleagues that can help them get their job done. Our customers tell us how employees keep ‘re-inventing the wheel’ over and over again, repeatedly researching the same tasks and initiatives which in many cases have already been solved or rejected by others within the organization many times over,” said Toufi Saliba Founder and CEO.
“WhoKnows has developed a revolutionary yet intuitive approach that solves the costly and debilitating knowledge gap evident in today’s companies,” said Tim Connors of PivotNorth Capital. “With WhoKnows, employees can easily find the right information and locate colleagues with expertise in a particular field to get projects done more quickly. Now, more than ever, it is essential to be clear about “who knows what” and connect knowledgeable colleagues with knowledge seekers when it matters most.”
“We see great opportunity for companies to leverage breakthrough social technologies like WhoKnows,” said John McIntyre, Managing Director of the Citrix Startup Accelerator. “WhoKnows adds great value to the enterprise in improving the ability for employees to find and share the right information, at the right time, with the right people.”
About WhoKnows
WhoKnows, based in Mountain View, Calif. has developed a breakthrough solution that enables enterprises to understand “who knows what” in their organization and provides methods to help them address the “knowledge gap” within their company. This gap is manifested daily when employees seeking information are unaware of who in their organization has the “know how” to help them get the job done. WhoKnows provides a revolutionary offering that automatically recommends the most suitable colleagues precisely when they are needed while providing executive management with the analytics and tools to better identify and close the corporate knowledge gaps that impede effective business execution. For more info, visit whoknows.com.
About PivotNorth Capital
PivotNorth Capital is a venture capital firm specializing in early stage, seed, growth capital, and Series A investments. It seeks to invest in the software sector, both consumer facing and enterprise companies. The firm targets investing between $0.1 million to $3 million. PivotNorth Capital is based in United States.
About Citrix Accelerator
The Citrix Startup Accelerator is the enterprise accelerator. As part of Citrix Labs, it is an applied research group charged with helping Citrix adapt to new technology trends and has a unique approach to investing in early stage companies. Citrix is a global enterprise software company, with hundreds of thousands of customers. Its success is driven by world-class innovation practices. The Citrix Startup Accelerator brings these best practices to talented entrepreneurs globally.
For the article, visit PEHub here: http://www.pehub.com/2013/11/14/pivotnorth-capital-the-citrix-accelerator-back-whoknows/
