| Knobias was founded as pennyPI.com, LLC by two individual investors in August 1998. After raising seed capital from local private investors in May 1999, Knobias begin building the world's first information repository of OTC security research. In December 1999, Knobias launched it's first website, pennyPI.com, which focused solely on Individual Investors. In the Spring of 2000, the decision was made to leverage our successes and expand Knobias market potential to include a multitude of customer types such as trading professionals, financial institutions, brokers, website cobranding and licensing, government agencies, as well as, individual investors. At this time, Knobias raised a second round of capital financing to private investors and changed our name from pennyPI.com to Knobias.com. The name change was made to better describe our expansion beyond JUST "penny stock" research and reflect our growing coverage of the entire U.S. securities industry.
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