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KnowNow Nets New $13M Funding

Wednesday, November 01, 2006 6:45:00 AM PDT | VentureDeal Staff

SUNNYVALE, CA --

KnowNow, a provider of enterprise-class Web 2.0 applications, announced the closing of $13 million in new funding.

The investment round, led by new investor RSS Investors, was oversubscribed.  Also participating were new investor Presidio Ventures and existing investors Kleiner Perkins Caufield & Byers, Levensohn Venture Partners and Palomar Ventures.

The company also cited a list of recent large implementations, including Wells Fargo Bank and other major financial institutions.

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