Yammer Raises $5 Million For Workgroup Micro-Messaging
Summary
As the winner of last year’s TechCrunch50, that’s how much workgroup micro-messaging service Yammer received in prize money. Yammer is a spinoff from genealogy site Geni, which also just received another $5 million from the same investors in a series C financing. The A round should help Yammer make more inroads into companies big and small. Yammer is an enterprise version of Twitter that helps people in companies keep up with what everyone else is doing. And Twitter itself could easily move into the enterprise market simply by launching a groups feature, as it has done in Japan.
Funding
Amount
$5.0M
Total raised
Date
January 19, 2009
Announcement date
Investors
Ozie Group LLC, Yammer
Lead investors
Company
http://www.yammer.com
Funded company
Classifications
industries
No industries detected
applications
Web and Content Management
AskAI Classifications
Labels
Software
SaaS
Enterprise Collaboration
Linked Companies
Yammer
$500M to $1B