Yammer Obtains $25,000,000 Series C Financing Round
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b2f9e732-b6aa-46c6-9e20-31463d6734ef&Preview=1 -
Date
11/30/2010 -
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
$25,000,000 -
Transaction Round
Series C -
Proceeds Purposes
The new funding will help the company capitalize on this momentum by rapidly scaling its operations. Yammer plans to triple the size of its engineering team and significantly grow its sales organization. In addition, with Yammer now in use in 136 countries, the company will open offices in Europe and Australia in response to global demand. -
M&A Terms
-
Venture Investor
U.S. Venture Partners -
Venture Investor
Emergence Capital Partners -
Venture Investor
Charles River Ventures -
Venture Investor
Founders Fund
