KnowledgeTree is expanding its document management application to the web.

The venture capital-backed software-as-a-service firm now offers “Web Documents,” a service through which users can create and co-author information across the web,

“This new capability lets users create documents like a team with simple to use co-authoring features,” wrote KnowledgeTree’s Peter Mollins in a blog about the new offering. “And it lets users manage those documents like a business, controlling how co-authored documents are organized and managed.”

Just last month, KnowledgeTree closed on $4.75 million in new venture financing.

The service “enables multiple authors to collaboratively co-author documents in real time. Going beyond basic tools, KnowledgeTree combines structured approval processes and collaborative tools built for the way businesses work,” KnowledgeTree says.

One feature allows customers to “rewind” and see how a document was created and edited along the way.

“Business users need real-time co-authoring and collaboration to create content as a team,” said Chief Executive Officer Daniel Chalef in a statement. “But just as important, these documents need to be reviewed, approved and organized. KnowledgeTree’s Web Documents combines collaborative authoring in the cloud with a structured approach to document management. That means that document collaboration is now truly ready for the enterprise.”