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Rand Capital ups its sake in Massachusetts company

Rand Capital has invested another $200,000 in KnowledgeVision Systems, a Massachusetts company that makes online video presentation software.

The investment, Rand’s third in the company, will give the Buffalo venture capital firm a 6.5 percent ownership stake in KnowledgeVision. Rand has invested a total of $750,000 in KnowledgeVision in three separate rounds of fundraising.

We believe their solution delivers a more robust, easier to use and stronger multimedia presentation tool than competing software applications, like BrainShark and Adobe,” said Daniel Penberthy, Rand’s executive vice president.