socalTECH
JUNE 14, 2012
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.
socalTECH
JANUARY 20, 2009
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>>.
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Tech Zulu Event
JULY 19, 2012
Microsoft in late June announced to have acquired social network for enterprises Yammer at $ 1.2 He says,” all closing conditions for Microsoft’s acquisition of Yammer have been met, and the deal is completed”. He says,” all closing conditions for Microsoft’s acquisition of Yammer have been met, and the deal is completed”.
socalTECH
OCTOBER 21, 2009
No reason for the downtime was given, however, the downtime at Geni paralleled a similar, more widely reported downtime issues at sister firm Yammer. Instant messaging service Yammer--which recently moved to the Bay Area--reported its services came down due to "hardware issue within the supervisory engine of a switch".
socalTECH
AUGUST 1, 2012
According to CapLinked, it will make its premium capital raising and investor reporting tools available to the more than 8,500 startups enrolled with Startup America. Los Angeles-based CapLinked , which operates an online platform for managing fundraising by startups, has linked with the Startup America Partnership. READ MORE>>.
Both Sides of the Table
AUGUST 27, 2012
By now you probably know that David Sacks , co-founder of PayPal and founder of both Geni & Yammer made some observations on Facebook that Silicon Valley “as we know it” was coming to an end. They were stark in that he had just sold his company to Microsoft for a reported $1.2
Startup Professionals Musings
JUNE 27, 2015
I am happy to see reports that young companies are in the forefront of these trends, on both the customer trends and the employee trends. In startups, and even corporate environments, I see the spread of collaborative social platforms such as Slack and Yammer. Both are required to stay competitive.
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