Investment Augments Knosys Growth

Knosys announced that it has closed the first round of venture-capital financing totaling $2 million. Led by Pacific Asset Partners of San Francisco, the investment represents a milestone for Knosys business growth. "We are confident that Knosys is on its way to becoming one of the dominant players in the analytical applications market,” says Bob Stafford, managing partner with Pacific Asset Partners. Knosys will use the investment to boost research, development, sales, and marketing activities for its products, including the ProClarity Analytical Platform and ProClarity. Company officials say the additional resources will help Knosys continue its growth curve. "Our vision is to continue to provide business decision makers with a powerful and completely open platform for developing analytical applications,” says Knosys President and CEO Bob Lokken.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.