Email Management Solution Gets Funding Boost

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26th March 2012: London Bridge based KnowledgeMill Ltd today announced significant expansion with growth capital funding from YFM Equity Partners (through its managed fund Seraphim Capital) and MMC Ventures, to drive growth of its email and document management solution for enterprises, the first to be fully integrated with Microsoft Outlook.

OnePlace Email Management

OnePlace achieves an unprecedented email filing rate of 100% by 100% of users

KnowledgeMill’s OnePlace cloud and on-premise solution makes the classification of emails and documents a natural part of Outlook and Office, and gives collaborative workers a shared single file for any customer, project or legal ‘matter’ without ever leaving the familiar environs of Outlook and Office. The user task of ‘filing’ is reduced by over 90% through self-filing emails and intelligent tagging, and IT overhead is dramatically reduced by separating information rich business emails from disposable emails.

Founded in 2009 by content management experts from some of the world’s largest law firms, KnowledgeMill’s enterprise grade software can handle 10,000’s of users, asynchronously filing emails to avoid performance hits, and works seamlessly with existing document management infrastructure to add effective handling of today’s very high volume of information rich emails. KnowledgeMill currently partners with Oracle, EMC, Microsoft and Fujitsu to service enterprise customers.

KnowledgeMill CEO Hisham Anis said ‘We have transformed Outlook to accommodate the fact that email is the de-facto dominant store of documents and business information for businesses today, and this funding and expansion of resources signals that we are building a world-leading business around that innovation’. ‘It’s great to bring experienced venture capital providers such as Seraphim and MMC into our team’ he added.

The company underlined its ambitions with the appointment of Peter Norman as Executive Chairman. A veteran of British technology success stories Psion PLC and Sophos PLC, Peter said ‘KnowledgeMill have an extraordinary opportunity to reverse the fragmentation of filing that happened with the explosion of email, by bringing into Outlook the underlying concept of single shared storage without the user compromising on flexibility or even having to consciously file 80% of their business correspondence’. He added ‘My job is to help guide them to rapidly build a world leading business from this significant product technology’.

For further information, contact:
Hishram Anis on 07717 542847, hisham.anis(at)knowledgemill(dot)com
Peter Norman on 07720 291949, peter.norman(at)knowledgemill(dot)com

Notes to Editors:

About KnowledgeMill
KnowledgeMill’s (http://www.knowledgemill.com) OnePlace software provides a unique level of email management for collaborative workers in large and medium size enterprises. Designed to cope with today’s high volume, email-centric style of working, OnePlace automatically files emails and documents in folders that are shared between users, all from within Outlook in order not to disrupt established working habits. OnePlace separates key business data from disposable emails, directly addressing the many problems of email bloat, from efficient retrieval to efficient storage and archiving.

About MMC Ventures
MMC Ventures (http://www.mmcventures.com) is an active investor, dedicated to backing entrepreneurs to create valuable companies. Founded in 2000, they currently have £80 million under management and a fast growth portfolio that includes Alex and Alexa, Base79, Interactive Investor and Love Home Swap. MMC Ventures invests £0.5-5m in early stage, high growth companies headquartered in the UK. It looks at investment opportunities across a broad range of sectors within technology, media and telecoms, financial and business services and healthcare.

About Seraphim Capital
Seraphim (http://www.seraphimcapital.co.uk) is a £30m venture capital fund that invests in companies with highly scaleable, disruptive technology that are addressing large global markets. Seraphim invests across all sectors and all stages. The fund is backed by a consortium of business angel networks and corporate venturers from across the UK and the US.

About YFM Equity Partners
YFM Equity Partners (http://www.yfmep.com) is celebrating 30 years of investing in Britain’s smaller businesses, 1982 - 2012.
YFM Equity Partners invests up to £10m of equity into fast growing businesses across the UK. It has an experienced team of investors with a strong track record of working alongside management teams to create transformational growth and build great British businesses. Its portfolio includes: specialist recruitment firm Harris Hill, communications company Fishawack, demolition business KDC and outdoor equipment and clothing retailer GO Outdoors. Recent investments include: Castlerock Recruitment Group, PowerOasis and Bagel Nash.
YFM Equity Partners has two wholly owned subsidiary companies which are authorised and regulated by the Financial Services Authority. YFM Private Equity Limited (122120) and YFM Venture Finance Limited (224728) have been managing funds specialising in transforming small businesses for over 25 years.
YFM Equity Partners, through its regulated subsidiaries, manages a number of investment funds. This release may not be taken as an invitation to invest in any company or any fund. Before taking any investment decision, independent advice should be taken and this may vary according to individual circumstances.

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Hisham Anis

Peter Norman
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