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Microsoft’s $1.2 Billion Acquisition of Yammer Complete

Tech Zulu Event

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”.

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OneLogin Gets $1.5M For Identity Software

socalTECH

Los Angeles-based OneLogin , a new startup tackling the identity and access management software market, said Friday that it has raised $1.5M OneLogin said its single sign-on software is being used by such partners as Yammer, Colby Community College and Transwest. in a Series A funding round. READ MORE>>.

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

socalTECH

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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BetterWorks Expands To San Francisco Bay Area

socalTECH

The firm--headed by Paige Craig--helps provide employee benefits and perks using web-based software and technology. Craig's co-founders include Zao Yang, the creator of Farmville, and George Ishii, co-founder of Geni and Yammer. BetterWorks did not give a timetable for opening up in New York and Boston. READ MORE>>.

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Central Desktop Launches Its Own Take On Twitter

socalTECH

Pasadena-based Central Desktop has jumped into the enterprise micro-blogging area, saying Monday that it has launched a new tool which allows companies to use Twitter-style updates within the firm's project management software. Tags: twitter microblogging desktop central saas software yammer. READ MORE>>.

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Social Networking and Business Value

SoCal CTO

He has a practice focused on complex software and internet transactions for an international base of technology and other clients, as well as on government relations and international policy and enforcement issues affecting the copyright industries. a social networking site for families), where the Yammer technology was developed.

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Lindzon Backs Discoverly

socalTECH

Discoverly disclosed a seed round of funding worth $750,000 which included Salesforce.com, Bessemer Venture partners, Atlas Venture , Great Oaks Venture Capital, as well as Jim Patterson (Yammer), MJ Elmore, Howard Lindzon (Stocktwits), and Alchemist Accelerator.

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