About Socialtext
Socialtext is a company based in Palo Alto (United States) founded in 2002 was acquired by Peoplefluent in May 2012. Socialtext has raised $18.87 million across 4 funding rounds from investors including PeopleFluent, Omidyar Network and DFJ. The company has 16 employees as of December 31, 2014. Socialtext offers products and services including Compensation Software, Learning Software, Org Charting Software, and Talent Management Software. Socialtext operates in a competitive market with competitors including Yammer, DatChat, Haystack, CubeTree and Convo, among others.
- Headquarter Palo Alto, United States
- Employees 16 as on 31 Dec, 2014
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Sectors
Technology
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Phone
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Website
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Social
Locked
- Legal Name Socialtext Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$18.87 M (USD)
in 4 rounds
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Latest Funding Round
$6.27 M (USD), Series D
Apr 03, 2009
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Investors
PeopleFluent
& 3 more
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Employee Count
16
as on Dec 31, 2014
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Acquired by
Peoplefluent
(May 02, 2012)
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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
People of Socialtext
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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.
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.
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US focused VC firm
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Investing in technology, digital culture, governance, and business initiatives.
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Venture capital fund backed by corporate office
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Investor details for Socialtext
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Investments & Acquisitions by Socialtext
Investment portfolio details for Socialtext
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Financial Statements - Socialtext
Detailed financials for Socialtext
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Socialtext Comparisons
Peer comparison for Socialtext
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- Named peers
- Headcount comparison
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Competitors of Socialtext
Socialtext operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Yammer, DatChat, Haystack, CubeTree and Convo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Enterprise social networking is provided for team collaboration across organizations.
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Ephemeral messaging platform offered for enterprise social networking.
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Cloud-based analytics solutions are offered for software teams.
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Enterprise social networking and collaboration suite is offered.
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Secure real-time collaboration is enabled for dispersed business teams.
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Intranet software solutions are provided for employee collaboration and networking.
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Detailed competitors of Socialtext
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Latest news on 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.
As of Dec 31, 2014, the latest employee count at Socialtext is 16.
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.