15Five Wants Employees To Have A Voice, Raises $1M From Yammer’s David Sacks, 500 Startups, Ben Parr And More To Give It

15Five behind-name-image15Five, a startup that offers a cloud-based platform for employees to provide weekly feedback about their progress — and for CEOs and other managers to be able to read all of it quickly, is today announcing that it has raised its first VC money, a seed round of $1 million from a list of investors including Richmond Global, 500 Startups, Yammer Founder David Sacks, USTREAM founder John Ham, Jason Calacanis, ex-Mashable editor Ben Parr’s Dominate Fund, Sincerely CEO Matt Brezina, and Ben Ling.

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Infographic: The State of Online Collaboration

The world is changing. The global market, off-shoring, remote workers… all of these growing issues are hitting the workplace and requiring the tools that go with them. Within our own agency, we use Mindjet (our client) for mindmapping and process flows, Yammer for dialogue, and Basecamp as our online work repository. From Clinked’s Infographic, The State of Online Collaboration: Our experience, and that of our competitors, is absolutely unequivocal: 97% of businesses using collaboration software have reported being able to service more clients more efficiently. But the biggest benefits are … Continue reading

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Yammer’s David Sacks On Why The Startup Opportunity Ain’t What It Used To Be (And How Microsoft Integration Is Coming Soon)

IMG_0623Fewer than three months after Microsoft bought Yammer for $1.2 billion, founder David Sacks says that it is preparing to announce the first signs of integration “soon.” Speaking on the sidelines of the TechCrunch Disrupt conference, Sacks said that product announcements are being prepared for Yammer’s cloud-based enterprise social networking platform to appear in several Microsoft products. These could include products like Lync, Sharepoint and Office 365 — although Sacks would not directly confirm which one.

The integration of once-startup Yammer into the Leviathan that is Microsoft was one of the many fitting topics of conversation between Sacks and Mike Arrington on stage today. Sacks explained why he thought that tech startups needed to find new opportunities away from traditional technology.

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25 Enterprise Social Communication Platforms

Online project management systems have evolved into social collaboration platforms, incorporating activity streams, tasks, scheduling, document management and integrations to external systems. This is an industry that’s progressing quickly and there are many players in the industry. We attempted to identify the top players in the enterprise social communication platform market here! Azendoo is the social task management solution that simplifies teamwork. Effortlessly share projects, organize your time and manage priorities. Reduce your inbox and get things done. Bizzmine – … Continue reading


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Social Enterprise Software: $4.5B by 2016? (Part 2)

This is a follow-up post to Part 1 on the same topic.  If you have not read Part 1, I suggest you start there.  The chart below includes my assessment of the social enterprise software market.  The size of each bubble reflects my estimate on the size of each sub-sector, while the axes represent the relative […]

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Social Enterprise Software: $4.5B By 2016? (Part 1)

According to a recent report from IDC, social enterprise software will grow from $800 million in 2011 to $4.5 billion by 2016. Despite Facebook’s greedy IPO last May, and disappointing Q2 results from both Facebook and Zynga, social enterprise software is doing fine.  Six of the sixteen M&A transactions in the sector during the past 2.5 years occurred since Facebook’s IPO.  These six transactions totaled […]

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Yammer Is Launching A Chat Feature Called Online Now ‘In A Couple Of Weeks’

online_now_screenshotYammer, the enterprise social networking company that was recently bought by Microsoft for $1.2 billion, is getting ready to add a new instant messaging feature called Online Now to its main service, enabling users to chat to each other in real time. Online Now will sit alongside existing services that let users post status updates and media as well as send private messages.

The feature was spotted earlier today by TNW, and we have now confirmed exactly what is happening with Yammer itself, including the name: “We will be announcing the chat feature through a press release in a couple of weeks as part of our summer release,” a spokesperson told TechCrunch.

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The Day After Its $1.2B Purchase By Microsoft, Yammer Goes Down [Updated]

Screen shot 2012-06-26 at 15.43.42Murphy’s Law — or some jaded users might just call it Yammer’s law: One day after Yammer announced that it got bought by Microsoft for $1.2 billion, the enterprise social networking site went down. It’s been down for at least an hour already and is covering several geographies, from what we can see. Update: Yammer had problems for a little over two hours, a spokesperson told TechCrunch: fully down for 20 minutes and then “a period of slowness” after that.

The crash will not do any favors to Microsoft, which plans to integrate the company into its Microsoft Office division to be part of a wider, integrated social and cloud push from the Redmond, Washington software giant.

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Workstreaming with Yammer

Before our conversation on Friday with Harold Jarche, I had never heard of the term workstreaming. Since last September, our inbound marketing agency has been a certified ROWE workplace. ROWE is a Results Only Work Environment… one in which employees are empowered to work as they wish as long as the requirements of the work are completed. As a small team, the one challenge we have with ROWE is communicating with one another. Some of us respond by email, some … Continue reading


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Enterprise Social Networking Platform Yammer Raises $85M From DFJ Growth, Khosla, And Others

yammerEnterprise social network and communications platform Yammer has finally closed that big round we and PandoDaily heard about earlier this year. The company has raised $85 million in new funding, bringing the total investment in Yammer to a whopping $142 million. DFJ growth and Social+Capital Partnership (who led Yammer’s last round) led this round. Other investors joining the round include Meritech, Khosla Ventures, Capricorn (the investment arm of Jeff Skoll), as well as existing investor Charles River Ventures, Founders Fund, USVP, Emergence Capital Partners. Founder and CEO David Sacks tells us that the company had over $30 million of insider investment in the round. We’ve heard the company’s valuation for the round was around $500-$600 million (Yammer wouldn’t comment on this)

Sacks says a number of angel investors also participated in the massive round including Sacks’ old PayPal colleague Max Levchin, as well as CrunchFund, Bill Lee, Ronnie Lott, and a few others. Randy Glein from DFJ Growth will take a board observer seat.

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