CEO: Socialtext Raises Series B Venture Round

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Socialtext raised a Series B round of venture capital. That’s the only clue I’m going to give you, clues are out there.

Almost announced it at Les Blogs. It’s a really big deal, something we worked hard on for a long time, with some great people and has wonderful implications for enterprise social software.

That said, I have a list of five key details of the deal (added below), that does not include the valuation. First person to blog those five details by the end of May wins a Socialtext Starter Package of five Socialtext.net seats for one year. So tell me:

Now go get ’em, you bloggers as journalists. I’ll be watching tag:

  • Who lead the round
  • Total investment
  • Participating firms
  • A new Board Member
  • On what odd day did it close?
  • Maybe a lawyer would have me include this statement: Employees, participants to the deal and people under a Socialtext NDA (rare) can’t win. Our competitors could win as all that hard work has to pay off sometime and we want everyone to have better tools.

    Go to Socialtext

    Ross Mayfield is CEO and co-founder of Socialtext, an emerging provider of Enterprise Social Software that dramatically increases group productivity and develops a group memory.

    He also writes Ross Mayfield’s Weblog which focuses on markets, technology and musings.

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