KnowledgeVision Systems, a Lincoln-based maker of online video presentation technology, said today it has raised nearly $1.9 million from institutional, private and strategic investors.
The money will fund new product initiatives, while also supporting the company's growth in customers worldwide, officials said.
KnowledgeVision added its cloud-based services make it easy to create interactive video experiences by synchronizing presentation slides with video or audio streams, reference links, navigation, searchable transcripts and social media tools.
"Our client and revenue base is now three times as large as it was at the beginning of last year," said company CEO Michael Kolowich in a statement. "That reflects the growth in corporate video marketing as a marketing and e-learning tool, as well as the increasing recognition of online presentations as an important new medium. This financing will allow us to expand our sales and client support efforts, which now reach around the world as far as Australia and Japan."
All of the company's previous major investors contributed to the funding, including venture investor GrandBanks Capital, Kolowich said.
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