Kaleo Raises $1.5 Million


Enterprise knowledge network and analytics company Kaleo has closed a $1.5 million funding round. The investment was led by Greycroft Partners, with participation from Double M Partners, and TenOneTen Ventures, among others. Mark Mullen from Double M Patners will be joining the Kaleo board of directors.

Phil Hui-Bon-Hoa (CEO, Kaleo): Our solution fits hand-in-glove with business applications our customers are already using.

Kaleo clients include Dell, Ventura Foods, HR Certification Institute and other companies in the entertainment and home-building industries, according to the company.

The funding builds on a $500,000 previous investment received from Idealab.

[Image courtesy: Kaleo]

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