Yammer Receives $10,000,000 Series B Financing

  • Feed Type
  • Date
    2/3/2010
  • Company Name
    Yammer
  • Mailing Address
    410 Townsend St San Francisco, CA 94107
  • Company Description
    Yammer is a tool for making companies and organizations more productive through the exchange of short frequent answers to one simple question: ‘What are you working on?’As employees answer that question, a feed is created in one central location enabling co-workers to discuss ideas, post news, ask questions, and share links and other information. Yammer also serves as a company directory in which every employee has a profile and as a knowledge base where past conversations can be easily accessed and referenced.
  • Website
    http://www.yammer.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The company says it will use the new cash to “accelerate product innovation and increase sales coverage.” Here’s the release, via AllThingsD.
  • M&A Terms
  • Venture Investor
    Emergence Capital Partners
  • Venture Investor
    Charles River Ventures
  • Venture Investor
    Undisclosed

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