Salesforce.com Buys Manymoon for Between $25 Million and $35 Million
Salesforce.com has bought Manymoon, the social productivity start-up.
The price of the acquisition was not disclosed, but one source put the sale at between $25 million and $35 million.
Manymoon makes one of the more popular tools on Google’s apps platform.
The San Francisco company, funded with only a small seed funding round by Harrison Metal, offers an online collaboration app that businesses and consumers can use to organize group projects, conversations, tasks or documents that are often done via email or other software.
Manymoon is rather typical of the innovative app makers the search giant has been courting to populate its marketplace.
Salesforce.com has been moving aggressively into social networking in the enterprise arena with its Chatter offering and more.
Earlier today, in fact, it was also part of a $4 million funding of Seesmic, the social dashboard app maker.
Here is the Manymoon blog post–which just went up–on the sale, as well as a video interview BoomTown did with its co-founders Amit Kulkarni and Manav Monga, just as Manymoon joined the Google Apps Marketplace store rollout in March:
Manymoon Acquired by Salesforce.com
February 1, 2011
Today we are excited to announce that Manymoon has been acquired by salesforce.com!
Manymoon has experienced tremendous growth since our launch, with more than 50,000 businesses adopting our social productivity app. We’ve launched on three major web platforms: Google Apps, LinkedIn, and the Google Chrome Web Store. We think we’re on to something special, building an easy-to-use application that integrates with the tools you already use to help you get work done. Over 1,000 new businesses choose Manymoon each week to track any type of work activity with anyone from anywhere.
We’re looking forward to even more growth in 2011, and are thrilled to now be part of salesforce.com, the leader in enterprise cloud computing, to continue to deliver an amazing social productivity application for everyone to use.
What Does This Mean for Manymoon Customers?
We’ll still be the Manymoon that helps you get work done. The Manymoon team will remain intact and will operate as a separate business within salesforce.com so we can continue our focus on building a great social app that makes our customers more productive and successful every day.
The Manymoon you know and love will remain the same:
* Manymoon Standard, our free product, will continue to be available for existing and new customers. In fact, we’ll continue to add features to our free product. And, if you want to upgrade, you are welcome to do that through the Manymoon website whenever you like.
* Existing premium features, subscriptions and price points will remain unchanged.
* Manymoon will continue to work with Google Apps, LinkedIn and the Chrome Web Store. And, we will continue to develop new features to enhance support of these platforms.
*We’ll continue to support our customers in the Manymoon Support Universe.
Salesforce.com and Manymoon Together
Our approach to the market remains unchanged: work with the tools that people already use online (Google Apps, LinkedIn, Chrome), build an app that requires no training or setup, focus on serving the daily productivity needs of professionals and be on the cutting edge of the latest technologies like HTML5. As we’ve grown, we’ve learned that serving customers is more than just building an app with nifty features. It includes providing scalability, security, performance and support–all areas in which salesforce.com has a proven track record.
Like most startups, we admire salesforce.com as the original cloud computing company that made this industry possible. Over the last 12 years salesforce.com has been an evangelist and driver for bringing applications, platforms and collaboration to the cloud. We’re excited to be part of their vision for cloud, social and mobile, utilize their knowledge and experience to build a world-class social productivity app, and move even faster in delivering new capabilities to you!
We are going to invest more in what you’ve told us you like about Manymoon: Google Apps, LinkedIn and Chrome Web Store support. You can expect to see many of the key social productivity features you’ve requested released in the near future. We’re also going to be working on some exciting, new developments in the coming months…so stay tuned!
The Manymoon Team