Socialtext

company

About

Socialtext is a company that produces enterprise social software via its integrated suite of web-based social apps.

  • 11 - 50

Details

Last Funding Type
Series D
Last Funding Money Raised
$4.50M
Industries
Collaboration,Developer Tools,Enterprise Software,Software
Founded date
Dec 1, 2002
Number Of Employee
11 - 50
Operating Status
Active

Socialtext is a Bedford Funding portfolio company, was the first company to deliver social software to businesses. By unlocking knowledge, expertise, ideas and data, Socialtext eliminates information silos across the enterprise to drive superior business performance. Socialtext's enterprise social networking products — including microblogging, blogs, wikis, profiles and social spreadsheets — provide simpler ways for employees to share vital information and work together in real-time. Delivered in a variety of hosted cloud services, as well as on-site appliances, enterprise customers are provided with flexible deployment options that meet their security requirements. Built on a flexible, web-oriented architecture, Socialtext integrates with virtually any traditional system of record, such as CRM and ERP, enabling companies to discuss, collaborate, and take action on key business processes. More than 6,500 businesses worldwide have accelerated their business performance with Socialtext, including Getty Images, Symantec, Meredith Corporation, NYU Stern, OSIsoft, and Epitaph Records.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$4.50M
Socialtext has raised a total of $4.50M in funding over 2 rounds. Their latest funding was raised on Apr 3, 2009 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 3, 2009 Series D $4.50M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Socialtext is funded by 1 investors. University of Utah Endowment are the most recent investors.
Investor Name Lead Investor Funding Round
University of Utah Endowment Series D