After A Breakout 2011, Yammer Is Working On A Big New Funding Round

Yammer, the Facebook/Twitter for companies, has been coming into its own, even as big competitors like Salesforce try to compete with rival enterprise social networking products. Having generated somewhere between $5 million and $10 million in revenues over 2010, Yammer more than doubled that in 2011, reaching towards $25 million according to sources close to the company. Now, it's working on a big new funding round, we're hearing -- in the $40 million range if not more.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/GjF5dx7LZE0/

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