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

Leena Rao

Leena Rao is currently a Senior Editor for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... → Learn More

Tuesday, February 1st, 2011

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 of 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.)

Company: Seesmic
Website: seesmic.com
Launch Date: June 1, 2007
Funding: $16M

Seesmic is a powerful suite of social media management and collaboration tools that provide businesses and individuals with everything they need to build and manage their brands online. With applications on every platform, including mobile devices, and a marketplace of over 80 third-party plugins, Seesmic is the most comprehensive solution on the market. Seesmic is headquartered in San Francisco and was founded by French entrepreneur Loic Le Meur.

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