About Socialcast
Socialcast is a Technology company based in San Francisco (United States) founded in 2008, and was acquired by VMware in May 2011. Enterprise social network platform is utilized for business communication. Socialcast has raised $9 million across 2 funding rounds from investors including VMware, Menlo Ventures and True Ventures. The company was acqui-hired. Its focus areas include Enterprise Applications, Enterprise Collaboration and Enterprise Social Network. Its legal entity is Socialcast Inc. Its competitors include Yammer, DatChat and CubeTree; 3 of its 3 listed competitors have raised funding.
Company details
Socialcast is an enterprise social network platform. Participants post message to the community such as status updates, progress reports or questions. Fellow participants can then reply or add comments to these posts. It combines social networking features like Facebook, micro-blogging features like twitter and friend feed like streaming into one platform. Socialcast integrates with other social networks like Facebook, Twitter, LinkedIn. Its cost starts at 2.5 and varies according to number of users. Philips, SAS, DIRECTV are some of its customers.
- Headquarters San Francisco, United States
- Stage Acquired
- SectorsTechnology
- Website socialcast.com
- Social X
- Acquired by VMware (May 2011)
- Legal Name Socialcast Inc
Funding Insights of Socialcast
Socialcast has successfully raised a total of $9M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $8 million completed in March 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $9M
- Total Rounds 2
- Last Round Series B — $8M
- First Round $1M
(Apr 2009)
- Investors Count 2
All 2 funding rounds of Socialcast with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2010 | $8M | Series B | – | Menlo Ventures, True Ventures | – |
| Apr 2009 | $1M | Series A | – | – |
3 investors in total: 3 institutional.
Investors in Socialcast
Socialcast has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include VMware, Menlo Ventures and True Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital firm investing in AI, healthcare, and tech sectors. | menlovc.com | |||
Venture capital firm supporting AI founders through investments and community. | trueventures.com | |||
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | vmware.com | Palo Alto, United States |
Investor details for Socialcast
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- Complete investor list
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Timeline of Socialcast
4 dated milestones of Socialcast across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Socialcast is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Series B, of $8.0M.
- Exit Acquired by VMware.
Competitors of Socialcast
Socialcast has 3 listed competitors in our database, 3 of them funded. They include Yammer, DatChat and CubeTree.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yammer.com | 2008 | San Francisco, United States | $142M | 327 | Enterprise social networking is provided for team collaboration across organizations. | |
| datchat.com | 2015 | New Brunswick, United States | $580,000 | 15 | Ephemeral messaging platform offered for enterprise social networking. | |
| cubetree.com | 2008 | Redwood, United States | $11.5M | Enterprise social networking and collaboration suite is offered. |
Detailed competitors of Socialcast
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Socialcast
Websites that share an audience with Socialcast (socialcast.com).
Websites whose visitors overlap most with Socialcast. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| socialtext.com | 100% | View details | |||
| mindtouch.com | 98% | View details | |||
letsfreckle.com | letsfreckle.com | 97% | – | ||
| jivesoftware.com | 96% | 11.6K | #2,110,927 | View details | |
| exoplatform.com | 80% | 27.2K | #1,092,643 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 25 similar websites and full traffic analytics for Socialcast
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 25 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Enterprise Collaboration & Video Tools
3 companies that operate in the same segment as Socialcast (Enterprise Collaboration & Video Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based team communication and collaboration platform is provided. | 2009 | San Francisco, California, United States | USD 1.22 B | 2,555 | ||
Collaborative platform for design prototyping and feedback is provided. | 2012 | San Francisco, California, United States | USD 748.62 M | 2,877 | ||
AI-based platform for secure collaboration and content management is utilized. | 2005 | Redwood City, California, United States | USD 692.63 M | USD 1.18 B | 4,447 |
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Related news about Socialcast
Complete news archive for Socialcast
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Frequently Asked Questions about Socialcast
Socialcast was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Socialcast is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Socialcast is a funded company, having raised a total of $9M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1M, raised on Apr 2009.
Socialcast is an enterprise social network platform. Participants post message to the community such as status updates, progress reports or questions. Fellow participants can then reply or add comments to these posts. It combines social networking features like Facebook, micro-blogging features like twitter and friend feed like streaming into one platform. Socialcast integrates with other social networks like Facebook, Twitter, LinkedIn. Its cost starts at 2.5 and varies according to number of users. Philips, SAS, DIRECTV are some of its customers.
Socialcast has 3 investors. Key investors include VMware, Menlo Ventures, and True Ventures.
Socialcast operates through Socialcast Inc.
Yes. Socialcast was acquired by VMware in May 2011.