Socialcast Garners $8,000,000 Series B Funding

  • Feed Type
  • Date
    3/31/2010
  • Company Name
    Socialcast
  • Mailing Address
    19 South Park Street San Francisco, CA 94107
  • Company Description
    Since 2005, Socialcast has been a leading provider of social networking platforms and solutions for both consumer-facing clients and enterprise customers. Based in Irvine, California, Socialcast is the only SaaS provider of private self-service corporate social networking communities. Our software unites traditional intranet features with social messaging technology to empower employees to expand, create and share knowledge across the enterprise.
  • Website
    http://www.socialcast.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    According to the company, it will be using the funding to expand engineering, marketing, sales, and customer support.
  • M&A Terms
  • Venture Investor
    Menlo Ventures
  • Venture Investor
    True Ventures

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