San Francisco – Yammer, the provider of an enterprise social
networking platform, has raised $25 million in a new round of venture capital
financing, led by U.S. Venture Partners.
Emergence Capital, Charles River
Ventures and Founders Fund also participated in the investment round.
Launched
in 2008, San Francisco-based Yammer now counts 1.5 million corporate users,
working at over 80% of Fortune 500 companies.
The company will use the funds to
open new offices in Europe and Australia, as well as to expand its sales and
engineering teams.
Related Links:
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(TechCrunch)
