Knovel Announces Financing Led by Credit Suisse First Boston

Aug 02, 2005


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Knovel Corporation, a provider of Web-based information services, has announced the closing of its Series C financing round led by Credit Suisse First Boston (CSFB) on behalf of the New York State Common Retirement Fund, a $120 billion fund. Additional investors include Himalaya Capital Venture Partners, New York Small Business Technology Investment Fund, Silicon Alley Venture Partners, Milestone Venture Partners, Stonehenge Capital, and previous investors. The New York State Common Retirement Fund's investment in Knovel Corporation is managed by CSFB's Customized Fund Investment Group.

(www.knovel.com)