About Socialtext
Socialtext is a Technology company based in Palo Alto (United States) founded in 2002, and was acquired by Peoplefluent in May 2012. Enterprise social networking tools are offered for employee collaboration. Socialtext has raised $18.87 million across 4 funding rounds from investors including PeopleFluent, Omidyar Network and DFJ. The company has 16 employees. The company was acqui-hired. Socialtext offers products and services including Compensation Software, Learning Software, Org Charting Software, and Talent Management Software. Its focus areas include Enterprise Applications, Enterprise Collaboration and Enterprise Social Network. Its legal entity is Socialtext Inc. Its competitors include Yammer, DatChat and CubeTree; 3 of its 3 listed competitors have raised funding.
Company details
Socialtext is a Bedford Funding portfolio company. Socialtexts enterprise social networking products, including microblogging, blogs, wikis, profiles and social spreadsheets, provide ways for employees to share vital information and work together in real-time. Built on a flexible, web-oriented architecture, Socialtext integrates with 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. On May 1, 2012, Socialtext was acquired by Bedford Funding, a private equity firm that owns Peoplefluent. Social Text is now a subsidiary of PeopleFluent.
- Headquarters Palo Alto, United States
- Employees 16
- Stage Acquired
- SectorsTechnology
- Website socialtext.com
- Social LinkedIn X Facebook
- Acquired by Peoplefluent (May 2012)
- Legal Name Socialtext Inc
- Total Equity Funding$18.87M (USD)
in 4 rounds
- Latest Funding Round$6.27M (USD), Series D
Apr 2009
- InvestorsPeopleFluent
& 3 more
- Employee Count16
- Acquired byPeoplefluent
(May 2012)
Products & Services of Socialtext
Socialtext offers a comprehensive portfolio of products and services, including Compensation Software, Learning Software, Org Charting Software, and Talent Management Software.
Manages pay and rewards to ensure competitiveness in enterprises
Develops programs for employee training and compliance
Provides real-time insights for workforce visualization
Supports performance and succession planning in organizations
Funding Insights of Socialtext
Socialtext has successfully raised a total of $18.87M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $6.27 million completed in April 2009. 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 $18.87M
- Total Rounds 4
- Last Round Series D — $6.27M
- Investors Count 3
All 4 funding rounds of Socialtext 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 |
|---|---|---|---|---|---|
| Apr 2009 | $6.27M | Series D | – | DFJ, Omidyar Network | – |
| Nov 2007 | $9.5M | Series C | – | – | |
| Jun 2005 | $3.1M | Series B | – | – | |
| Jun 2004 | Series A | – | – |
4 investors in total: 4 institutional.
Investors in Socialtext
Socialtext has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include PeopleFluent, Omidyar Network and DFJ.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused VC firm | dfj.com | Menlo Park, United States | ||
Investing in technology, digital culture, governance, and business initiatives. | 2004 | omidyar.com | Redwood City, United States | |
Venture capital fund backed by corporate office | sapventures.com | Palo Alto, United States | ||
HR solutions for talent lifecycle management are delivered. | 2011 | peoplefluent.com | Raleigh, United States |
Investor details for Socialtext
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Socialtext
36 people are tracked at Socialtext (15 in leadership, 21 in team); the tracked headcount is 16.
| Name | Role | Group |
|---|---|---|
Gareth Gibbins | Vice President Of Professional Services | Leadership |
David Shields | Director of Engineering | Leadership |
TJ Seabrooks | Managing Director | Leadership |
Adam Webb | Director of Hosting Services & Datacenter Automation | Leadership |
Steve Brewer | Director, Partners And Project Management | Leadership |
Kim Cyphers | Director Of Product Adoption & Solution Consulting | Leadership |
John Cole | Vice President - Hosting Systems & Operations | Leadership |
Lori Smith | Vice President Revenue | Leadership |
Art Machado | Vice President, Information Security | Leadership |
Andrew Hauser | Director. Client Services | Leadership |
James Sanders | Sr. Director, Hosting Operations | Leadership |
Jenna Swaim | Vp, Head Of Human Resources | Leadership |
Chris Dowdle | Director, Education Services | Leadership |
Gary Young | Director, Software Engineering | Leadership |
Beth McGuire | Director, Total Rewards | Leadership |
Jon Dahl | Principal Consultant | Team |
Zoe Ann Whitley | Manager, Workforce Compliance And Diversity Solutions | Team |
Victoria Smith | Renewal Manager | Team |
Tony Li | Senior Database Administrator | Team |
Kristin Goetz | Senior Strategic Product Adoption Manager | Team |
16 more people are available in the full profile.
Complete people profiles for Socialtext
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of Socialtext
4 dated milestones of Socialtext across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Socialtext is founded.
- Funding First funding round.
- Funding Latest funding round, Series D, of $6.3M.
- Exit Acquired by Peoplefluent.
Competitors of Socialtext
Socialtext 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 Socialtext
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 Socialtext
Websites that share an audience with Socialtext (socialtext.com).
Websites whose visitors overlap most with Socialtext. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tibbr.com | 100% | View details | |||
pbwiki.com | pbwiki.com | 100% | – | ||
| twiki.org | 99% | 16.1K | #1,690,165 | View details | |
| jivesoftware.com | 99% | 11.6K | #2,110,927 | View details | |
| atlassian.com | 83% | 33.6M | #1,383 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 25 similar websites and full traffic analytics for Socialtext
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 Socialtext (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 Socialtext
Complete news archive for Socialtext
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Frequently Asked Questions about Socialtext
Socialtext was founded in 2002 and raised its 1st funding round 2 years after it was founded.
Socialtext is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Socialtext is a funded company, having raised a total of $18.87M across 4 funding rounds to date.
Socialtext has 16 employees.
Socialtext is a Bedford Funding portfolio company. Socialtexts enterprise social networking products, including microblogging, blogs, wikis, profiles and social spreadsheets, provide ways for employees to share vital information and work together in real-time. Built on a flexible, web-oriented architecture, Socialtext integrates with 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. On May 1, 2012, Socialtext was acquired by Bedford Funding, a private equity firm that owns Peoplefluent. Social Text is now a subsidiary of PeopleFluent.
Socialtext offers Compensation Software, Learning Software, Org Charting Software, and Talent Management Software.
Socialtext has 4 investors. Key investors include PeopleFluent, Omidyar Network, DFJ, and SAP Ventures.
Socialtext operates through Socialtext Inc.
Yes. Socialtext was acquired by Peoplefluent in May 2012.