Socialtext scores, again

SAP Invests in Socialtext; Investment Comes at Time of Significant Growth for Enterprise Wiki Market:

Socialtext, the first wiki company and market leader in enterprise wiki solutions, today announced that it has closed B-round funding with an investment of $850K from SAP Ventures. SAP Ventures — the venture-funding arm of SAP, the world’s largest enterprise software company — joins Draper Fisher Jurvetson, the Omidyar Network, and the University Venture Fund to cap the round at $4 million.

Congratulations to Ross and the gang at Socialtext (disclosure: I’m on their advisory board)

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Author: Mitch Ratcliffe

Mitch Ratcliffe is a veteran entrepreneur, journalist and business model hacker. He operates this site, which is a collection of the blogs he's published over the years, as well as an archive of his professional publishing record. As always, this is a work in progress. Such is life.