Socialcast provides realtime enterprise streams combining a corporate activity stream that ties into CRM and ERP systems with social bookmarking, Outlook and SharePoint integrations, mobile (iPhone and Blackberry) and desktop (Air) apps, plus analytics. The company offers both hosted and behind-the-firewall deployment options and moved to a freemium model last summer, offering a free basic service with paid upgrades and premium features. Socialcast reports 7,000 corporate customers, including Guitar Center, Turner Broadcasting, and Avaya, and an 1,100 percent year-over-year user growth off a small base. Prior financing included $1.4 million from True Ventures and angels. Board representation includes Om Malik (GigaOm/True/angel) and incoming Menlo partner Sonja Hoel Perkins. The product competes in the realtime enterprise space alongside rivals such as Yammer. Socialcast is a social communication SaaS provider that helps businesses share knowledge with private, real-time internal communication. Its software bundles social bookmarking features, Twitter-like microblogging and FriendFeed-like streaming into a single platform. The product integrates with external social networks including Facebook, Twitter and Del.icio.us and can import activity from iPhone, Gmail and YouTube. Socialcast charges $1 per user per month for its service. The company was a finalist for the 2009 Crunchies Award for Best Bootstrapped Startup. Tim Young is the founder and the service is positioned as an enterprise alternative to consumer tools like Yammer.

Total raised

$9M

Funding rounds

2

Latest round

Series B

Latest activity

Mar 2010