Developer of SAAS-based enterprise social software intended to offer secure onsite deployment option to accelerate business performance. The company's SAAS-based enterprise social software focuses on collaboration platform that allows organizations to collaborate, provides Dashboard, which aggregates content from Social text wiki pages, the Web and enterprise systems and SocialCalc spreadsheets that include information from other spreadsheets or workspace pages enabling the customers to increase revenue, customer satisfaction and organizational agility through social software. In addition, it offers Social text Connect, which enables companies to surface critical events from enterprise applications and inject streams into Social text's social software platform, where employees across an organization collaborate and take action.
Profitable
Acquired/Merged (Operating Subsidiary)
Formerly PE-Backed
The company was acquired through an LBO by PeopleFluent via its financial sponsor Bedford Funding on May 1, 2012, for an undisclosed amount. The company will eventually be integrated into Peoplefluent, Bedford Funding's talent management platform, but will initially retain its name and branding.
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