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$25 Million More for Yammer, the Twitter for Work

November 30, 2010 at 9:12 am PT

Chatting at work is serious business for Yammer. The two-year-old start-up has raised a $25 million funding round led by U.S. Venture Partners, complementing the $15 million it has already raised to date. Yammer offers a social network for enterprise customers, and has plenty of competition from the likes of Salesforce’s Chatter, Socialcast, etc.

Tagged with Chat, Chatter, funding, Internet, MediaMemo, newsbyte, Peter Kafka, Salesforce, social network, Socialcast, software, Start-up, Twitter, Venture Partners, Yammer

comments so far. Add yours.

http://twitter.com/CRMOutsiders Martin Schneider

I am kind of shocked by this. I mean, the true socialprize apps will be “ground up” adoption success stories – NOT enterprise plays (haven’t we learned enbough “don’ts” lessons from the enterprise sales model?)

While the cash is good in terms of keeping the company going – I hope the infusion does not spur too much of an enterprise sales mentality at Yammer.