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Report: Yammer Being Acquired By Microsoft

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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.

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Yammer Dwarfs Parent Geni In Fundraising Round

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In the case of the kid getting much (much) larger than its parent, Yammer , the one time spinout of Los Angeles-based genealogy and family tree website Geni , has now squarely out-raised venture capital than its parent firm, saying Wednesday that it has raised an $85M funding round. in funding. READ MORE>>.

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Yammer Bails On Los Angeles, Heading To Silicon Valley

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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.

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Yammer Gets Top Prize At Tech Conference

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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

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Pocket Change Finds More Funding

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A virtual currently startup, Pocket Change , with links to Southern California has just raised $5M more in funding. 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.

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Pearl Picks Up $11M To Apply AI Vision To Dental Industry

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Los Angeles-based Pearl , the machine learning startup which was spun out of advertising AI software startup GumGum , has raised $11M in a funding round, which came from Craft Ventures, as well as un-named strategic investors. Craft Ventures is the investment firm run by former Yammer founder, David Sacks. READ MORE>>.

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CapLinked Lands New Funding Round

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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. The firm said the funding brings its total raised to $1.8M.