Acquired by on May 1, 2012
Total Equity Funding
$46.77M in 8 Rounds from 7 Investors
Palo Alto, CA
Socialtext is a company that produces enterprise social software via its integrated suite of web-based social apps.
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Collaboration, Developer Tools, Software, Enterprise Software

Company Details


Established in 2002, Socialtext, a Bedford Funding portfolio company, was the first company to deliver social software to businesses. By unlocking knowledge, expertise, ideas and data, Socialtext eliminates information silos across the enterprise to drive superior business performance. Socialtext's enterprise social networking products — including microblogging, blogs, wikis, profiles and social spreadsheets — provide simpler ways for employees to share vital information and work together in real-time. Delivered in a variety of hosted cloud services, as well as on-site appliances, enterprise customers are provided with flexible deployment options that meet their security requirements. Built on a flexible, web-oriented architecture, Socialtext integrates with virtually 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.

Funding Rounds (8) - $46.77M

DateAmount / RoundValuationLead InvestorInvestors
May, 2012undisclosed amount / Undisclosed1
Jun, 2010$27.67M / Venture0
Sep, 2009$1.7M / Venture1
Apr, 2009$4.5M / Series D3
Nov, 2007$9.5M / Series C3
Nov, 2006undisclosed amount / Venture1
Apr, 2005$3.1M / Series B2
Jan, 2004$300k / Angel2

Current Team (6)


Products (6)

  • The core of SocialCalc is basically the Perl and JavaScript source.
  • Socialtext Dashboard allows you to be much more effective by setting you up with your own personal home page of all that matters to you.
  • The Socialtext Desktop application is a great way to access Socialtext Signals, the activity stream, profiles.
  • The way work really gets done is by people working with people, tapping into each other's ideas and expertise, leveraging each other’s
  • Socialtext Signals introduces the same microblogging style of open sharing that today's popular public tools offer.
  • With Socialtext Workspace, people do their work on group-editable web pages that are visible to authorized others.

Competitors (8)

  • Bring your team together with Hall's real-time business messaging platform.
  • European leader in social business technology and customer communities, helping companies to improve customer intimacy & profitability.
  • Jive is a Mosh Pit of Ideas Employee Engagement at GoDaddy.
  • JotSpot provides structured wiki software for small to medium-sized businesses.
  • PBworks is real-time collaborative editing software that enables businesses to interact with clients in a timely, participative atmosphere.
  • Qontext is an enterprise collaboration platform enabling social interactions within business applications.
  • Wetpaint offers an online social publishing platform that helps digital publishers grow their customer base.
  • Yammer is an enterprise social network that enables employees to collaborate across departments, geographies and business applications.

Offices/Locations (1)

  • Office

    655 High Street

    Palo Alto, CA 94301


Past Team (15)


Images (3)


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