Boutique business analytics and research firm Knowledge Foundry has acquired Knolseed Technologies, a Software as a service business intelligence company for an undisclosed amount. The company said in a statement that Raghuram Sreenath , co-founder of Knolseed Technologies, has joined Knowledge Foundry as VP, Engineering.
Mohan Varadarajan, co-founder of Knolseed Technologies, has joined Knowledge Foundry as VP, Products. The rest of the Knolseed development team now forms the Product team and the Engineering team at Knowledge Foundry.
“We have combined the capability of Knolseed in cloud computing, Big Data Technologies, e-commerce, and enterprise software development with our domain knowledge in retail customer segmentation, predictive analytics, campaign management and recommendation systems with the objective of delivering SaaS BI and Analytics solution,” said Rajeshkumar Bhatt, CEO of Knowledge Foundry.
“Knolseed has been collaborating with Knowledge Foundry in the past. We felt the need to take our collaboration to the next level as we roll out the Personalized E-commerce Marketing (PEM) SaaS platform ” said Mohan Varadarajan, Co-founder of Knolseed Technologies.