Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
September 27, 2011 05:13 pm GMT

Former Facebook VP Chamath Palihapitiya Leads $17M Round In Enterprise Social Networking Platform Yammer

yammerYammer, an enterprise social network and communications platform, has raised $17 million in new funding led by The Social+Capital Partnership, a new fund established by former Facebook Vice President Chamath Palihapitiya. Previous investors Charles River Ventures, Emergence Capital and U.S. Venture Partners also participated in the round. Palihapitiya will have an observers seat on Yammer's board of directors. This brings Yammer's total financing to $57 million.For background, Yammer launched as the "Twitter for businesses" at TechCrunch 50 in 2008. But over the past year, the startup has expanded to become a more comprehensive platform for social networking within the enterprise.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/1_UX34KSlNE/

Share this article:    Share on Facebook
View Full Article

Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

More About this Source Visit Techcrunch