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Tacit Knowledge raises $10 million

Tacit Knowledge Systems announced Tuesday that it raised a $10 million third round of funding, led by Alta Partners. Previous investors Draper Fisher Jurvetson and RVC Greenhouse Fund contributed to this round. Palo Alto, Calif.-based Tacit has raised a total of $21 million. Tacit develops software designed to automatically identify experts within a company's work force on various topics from vendors to databases. The software searches through such information as employees' outgoing e-mail to transferred files, using key words to identify workers with the most knowledge in a particular field. See complete list.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
Tacit Knowledge Systems announced Tuesday that it raised a $10 million third round of funding, led by Alta Partners. Previous investors Draper Fisher Jurvetson and RVC Greenhouse Fund contributed to this round. Palo Alto, Calif.-based has raised a total of $21 million. Tacit develops software designed to automatically identify experts within a company's work force on various topics from vendors to databases. The software searches through such information as employees' outgoing e-mail to transferred files, using key words to identify workers with the most knowledge in a particular field. See complete list.