OMERS Ventures leads $7 mln financing of Kaleo Software

El Segundo, California-based Kaleo Software, an enterprise cloud platform for capturing and sharing employee know-how, has raised US$7 million in follow-on funding. OMERS Ventures, the venture investment arm of the Ontario Municipal Employees Retirement System (OMERS) led the round, with participation from Saturn Partners, and from existing investors Karlin Ventures, Qualcomm Ventures, Double M Partners and Greycroft Partners. Kaleo, which was founded in 2012, said it plans to use the proceeds of the round to continue development and enhancement of its knowledge-sharing technology solution.

20 October 2015•4 mins read
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