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Social Application Developer Seesmic Raises $4 Million From SoftBank And Salesforce

February 1st, 2011 02:47 admin Leave a comment Go to comments

Social application developer Seesmic has raised $4 million in new funding from enterprise giant Salesforce.com and Softbank Holdings, a subsidiary of Softbank. This brings Seesmic’s total funding to $16 million; Seesmic’s last fundraising round took place in 2008.

Founded by French entrepreneur Loic Le Meur, Seesmic helps both individuals and companies monitor and track the social web. Seesmic’s desktop, web, and mobile clients integrate with Twitter, Facebook and other social networks. One of the bonuses to using an app like Seesmic is the ability to aggregate your streams from a number of social web services, like YouTube, Foursquare, Techmeme, LinkedIn and others. Last year, Seesmic launched a deep integration with Salesforce’s social network for the enterprise, Chatter.

We had actually heard that Salesforce was looking to invest in Seesmic’s next round of funding last Fall. I’m actually surprised that Salesforce didn’t just buy Seesmic, considering the CRM company’s big push into the social web with Chatter.

The investment will be used to expand Seesmic’s enterprise base of customers, says Le Meur.

(Disclosure: TechCrunch editor Michael Arrington was an early investor in Seesmic.)

Source: Social Application Developer Seesmic Raises $4 Million From SoftBank And Salesforce

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