WhoKnows gets backing from Intel Capital

WhoKnows has secured backing from Intel Capital. Existing investors PivotNorth Capital, the Citrix Startup Accelerator and angel investors also participated.

PRESS RELEASE

WhoKnows today announced that Intel Capital, Intel’s global investment and M&A organization, has invested in the company as part of its Series A financing round. Previous participants in this round included PivotNorth Capital, the Citrix Startup Accelerator, and angel investors. The funds will be used to accelerate the marketing and sales of WhoKnows, the only employee-centric expertise-discovery solution that helps companies understand who knows what in their organizations. By helping employees find the right colleagues at the right times, WhoKnows puts the entirety of a company’s organizational expertise at the fingertips of every employee.

“WhoKnows has the potential to completely change the way enterprise collaboration is done today, and, importantly, whenever collaboration is required quickly to solve pressing business problems,” said Tim Connors, founder and general partner of PivotNorth Capital, and member of the WhoKnows board of directors. “Unlike other enterprise social networking or search tools, the way WhoKnows works is totally seamless to users, so adoption and usage aren’t barriers. With WhoKnows, companies are finally able to make the best use of every single human resource in their organizations, and drive productivity, innovation, and growth from the ground up.”

WhoKnows is the only solution that automatically and accurately builds detailed skills profiles for every employee to review and publish. Then, WhoKnows can naturally and seamlessly recommend the right colleague via any enterprise or Internet search tool including Google, SharePoint, and Salesforce. This leads to incredibly high adoption and user engagement of WhoKnows because employees don’t have to change the way they work today.

“Intel Capital has been a valued partner to WhoKnows, as we go to market with a product that offers the next evolution of enterprise collaboration and social tools,” said Chris Macomber, CEO of WhoKnows. “Our investors understand the value of making connections; that’s what they do. WhoKnows is creating more useful and productive connections for employees, and more meaningful insights for human resource and executive leadership teams who need to bring the right people together to achieve specific business goals.”

Macomber will be presenting the WhoKnows expertise-discovery solution and participating in a panel on socializing the enterprise today at OnDemand 2014, an annual summit in San Mateo, California that gathers the brightest minds and top entrepreneurs in on-demand, SaaS, and cloud computing. WhoKnows will also be honored as one of the “2014 OnDemand Companies to Watch.” For more information about OnDemand 2014, visit, https://events.aonetwork.com/ehome/ondemand14.

About Intel Capital
Intel Capital, Intel’s global investment and M&A organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, mobility, consumer Internet, digital media and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$11 billion in over 1,339 companies in 55 countries. In that timeframe, 206 portfolio companies have gone public on various exchanges around the world and 344 were acquired or participated in a merger. In 2013, Intel Capital invested US$333 million in 146 investments with approximately 49 percent of funds invested outside North America.

About WhoKnows
WhoKnows helps enterprises understand who knows what in their organizations. The company’s expertise-discovery software automates the never-ending job of building accurate employee profiles and recommending people when needed based on skills or expertise. Companies with large workforces or highly distributed teams rely on WhoKnows to fuel productivity, innovation, and growth through more efficient and effective collaboration.

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