# KnowledgeNet

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/knowledgenet

- Industry: Education/Training
- Headquarters: Phoenix, US
- Website: www.knowledgenet.com
- Total disclosed funding: $33M
- Latest round: Series E (Jun 17, 2002)
- Investors on record: 6

## About

KnowledgeNet provides advanced learning solutions that enhance organizational performance through e-learning platforms, interactive training modules, and analytics tools tailored for corporate clients and educational institutions.KnowledgeNet, founded in 1999 and headquartered in Phoenix, US, specializes in delivering e-learning solutions for various sectors. The company has undergone strategic pivots, shifting focus towards corporate training and compliance. In August 2004, KnowledgeNet was acquired by The Thomson Corporation for an undisclosed sum. The current CEO is Mohammad Attiya, who leads the company in its mission to advance learning solutions. KnowledgeNet has secured a total of USD 17.50 mn through 4 funding deals, with the latest round being a Series E led by General Motors Hourly-Rate Employees Pension Plan.KnowledgeNet specializes in providing advanced learning solutions designed to enhance organizational performance and knowledge retention. Their core product offerings include a comprehensive suite of e-learning platforms that facilitate interactive training modules, assessments, and analytics tools aimed at corporate clients and educational institutions. These products are tailored to address specific challenges in workforce training, skill development, and compliance adherence. The company serves a diverse clientele that encompasses industries such as healthcare, finance, and technology, with end users ranging from corporate training managers to individual learners. KnowledgeNet’s products are deployed in various geographical markets, including North America, Europe, and parts of Asia, ensuring a global reach with localized content to meet regional compliance requirements and industry standards.Revenue generation for KnowledgeNet is structured primarily through B2B transactions, focusing on subscription-based models for their learning management systems and e-learning courses. Clients engage in annual contracts that provide access to a range of training materials and analytics features, enabling companies to track employee progress and knowledge acquisition effectively. Flagship offerings may include specialized training programs and certification tracks tailored to specific industries or regulatory requirements. The pricing plans are designed to accommodate different organizational sizes, allowing for scalability as client needs evolve. Revenue is further supplemented through partnerships with educational institutions and consultancy services, enhancing the overall value proposition delivered to their clients.KnowledgeNet aims to expand its product offerings with new e-learning tools tailored for specific industries, with plans to launch these by the end of 2024. The company is targeting expansion into emerging markets in Asia and South America by the end of 2025, leveraging insights gained from its existing global operations. Recent funding from the Series E round will be utilized to support these initiatives, enhancing product development and market entry strategies.

## Funding rounds

- Series E, Jun 17, 2002, $18M — Morgenthaler Ventures, Sierra Ventures, Trinity Ventures, General Motors Hourly-Rate Employees Pension Plan, Cisco Systems, Berkeley VC International
- Series C, Feb 1, 2000, $15M — Morgenthaler Ventures, Sierra Ventures, Trinity Ventures, Berkeley VC International

## Investors

- Morgenthaler Ventures (https://capitalatlas.ai/funds/morgenthaler-ventures) — Series C, Series E
- Sierra Ventures (https://capitalatlas.ai/funds/sierra-ventures) — Series C, Series E
- Trinity Ventures (https://capitalatlas.ai/funds/trinity-ventures) — Series C, Series E
- Berkeley VC International (https://capitalatlas.ai/funds/berkeley-vc-international) — Series C, Series E
- General Motors Hourly-Rate Employees Pension Plan — Series E
- Cisco Systems — Series E