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Yammer , the business focused micromessaging site patterned after Twitter, and spun out of Hollywood-based genealogy site Geni , has been acquired by Microsoft for $1.2 Yammer, which was headed by David Sacks, will become part of the Microsoft Office Division. billion in cash, Microsoft confirmed Monday.
Yammer , the business focused micromessaging service which started as an offspring of Los Angeles-based family tree and genealogy site Geni , is reportedly in the last legs of a deal to be acquired by Microsoft for more than $1 billion. According to Bloomberg and other sources, the deal is expected to be announced as early as Friday.
Our interview this morning is with David Sacks, CEO of Geni.com, an online family tree and social networking site, as well as Yammer, the instant messaging startup spun out of Geni.com at TechCrunch50. We're up to around 2 million users who have created 30 million profiles on the site, and it's growing very fast month over month.
Yammer, a Twitter-like spinout out of high profile Los Angeles genealogy firm Geni.com, has scored the top prize at the TechCrunch50 awards in San Francisco. Yammer offers instant messaging focused on internal corporate communications, and is the result of work by engineers at Geni. Geni is the online, Web 2.0-style READ MORE>>
Los Angeles-based Yammer, the corporate focused instant messaging service spun out of Geni.com, said today that the firm is updating its service and adding a new groups feature. According to Yammer, its new Groups feature allows messages and members on the site to be managed around specific groups within companies.
West Hollywood-based Geni, and instant messaging spinout Yammer have both raised $5M in funding from the firms' existing backers, Charles River Ventures and the Founders Fund, according to regulatory filings and reports. Geni and Yammer have both been fundraising since the middle of last year. READ MORE>>.
West Hollywood-based Yammer , the corporate microblogging site inspired by Twitter, is moving from the Los Angeles area to Silicon Valley, according to founder David Sacks. Sacks said that Geni, which spun out Yammer, remains in West Hollywood. Sacks said that Geni, which spun out Yammer, remains in West Hollywood.
Craig has recruited the co-creater of Zynga's Farmville game, Sizhao Yang, as well as George Ishii, who was co-founder of Geni.com and Yammer, as co-founders. BetterWorks looks to be scaling up dramatically; the firm currently has eight open positions listed on its web site for everything from engineers to marketing director.
Los Angeles-based Geni , the online family tree and genealogy web site started by David Sacks, was hit by unexpected downtime Tuesday and today, the firm told its users Wednesday afternoon. No reason for the downtime was given, however, the downtime at Geni paralleled a similar, more widely reported downtime issues at sister firm Yammer.
The firm, which provides virtual currency handling for Android game makers, is the startup of Ari Mir, who formerly co-founded GumGum, and Amos Elliston, who served as CTO at Geni and SVP of Engineering at Yammer. and Kamran Pourzanjani, who founded Pricegrabber. and Kamran Pourzanjani, who founded Pricegrabber. READ MORE>>.
CapLinked's site allows companies to manage due diligence documents, shareholder communications, finding investors, and more; the firm said it now has over 135,000 users using its site. Startup America is the effort launched last year to spur the creation of startups nationwide. CapLinked is headed by Eric M.
Individuals use social networking sites such as LinkedIn and Plaxo as career-advancing tools, even more useful in a down economy. Social networking sites and microblogs are used not only to build company brands, but to foster productivity; social media tools help build communities around the question, "What are you working on?"
Howard Lindzon , the San Diego angel investors who also heads up stock micro-messaging site StockTwits , has invested in another private company-- Discoverly.
RedBeacon was the 3rd winner (year 1: Yammer, year 2: Mint.com) – not bad company. Ethan had pointed out to me that merchants were being barraged by “deal site” wanting to drive customers in the door but they didn’t have great tools to manage their customers. The company was called Red Beacon. Nice sweep!
Los Angeles-based CapLinked , the startup which provides an online site to help companies manage their fundraising process, is announcing this morning thta it has raised $400,000 in a new funding round. The firm said the funding brings its total raised to $1.8M.
It connects companies with investors, allows investors to forward on referrals to other investors, and once an investment has been made, allows a company to post updates to the site. We have around 150 people on the site testing it out, and we're just preparing to send out more beta invites now. Who would find this most useful?
And I know that great startups like Yammer are doing well. Tynt Multimedia “Online tool that allows content sites to control copy-paste activity on their web sites.&# For starters I LOVE the idea for this product. Collaboration in business starts and ends with email. In business you spend your life in email.
Gilt Group is currently the largest private sale web site in US. SimpleGeo provides sites with LBS databases and tool sets (such as SpotRank ), while also helping sites warehouse and analyze the large volumes of generated LBS data; all services and data accessible through simple APIs. Yammer, Salesforce Chatter.
Los Angeles-based genealogy site Geni.com has been acquired by MyHeritage , an online genealogy website. Geni.com offers up an online, family tree site, and was the parent company of Yammer.com, the enterprise micro-messaging startup sold by Sacks for $1.2 Financial terms of the buy were not disclosed. READ MORE>>.
A typical day starts with email, Facebook, LinkedIn, Twitter, and Yammer checks/updates. I'd rather invest time investing in social media to drive traffic to our site. A great opportunity for more visible networking. I roughly know about MakeItWork, but tell me a bit about where you spend your time day-to-day. Love the minis!
The problem is that they don't live in those CRM tools like they do in Outlook, or on social sites like Facebook, LinkedIn, or Twitter. Now, you don't have to go to Twitter to listen, LinkedIn to listen, your email inbox, find contacts in Google Contacts, or even Yammer or Hootsuite. Everything is in one place.
Geni.com beget Yammer. They had started to launch new products that helped web site owners better load applications from third-party vendors and they started experimenting with totally new ad models that drove the daily revenue up by 7x in less than 30 days. Seemic (now a Twitter client) was originally a video blogging platform.
First, how did I handle things like unexpected surges in traffic to my site (let’s say after a major press release) and then the subsequent flattening of traffic as the crowd subsided?
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