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	<title>SocialTwister 2.0 &#187; Wiki</title>
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		<title>Congrats to Ross and SocialText</title>
		<link>http://www.socialtwister.com/2005/09/30/congrats-to-ross-and-socialtext/</link>
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		<pubDate>Fri, 30 Sep 2005 22:41:09 +0000</pubDate>
		<dc:creator>greg</dc:creator>
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		<description><![CDATA[I was happy to see on New.com today that SocialText just landed a second round of funding from SAP Ventures.

Wiki software developer Socialtext received the investment from the German company&#8217;s venture arm, SAP Ventures, as part of its second round of funding. The round raised a total of $4 million, with participation from Draper Fisher [...]]]></description>
			<content:encoded><![CDATA[<p>I was happy to see on New.com today that SocialText just landed a second round of funding from SAP Ventures.</p>
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<p>Wiki software developer Socialtext received the investment from the German company&#8217;s venture arm, SAP Ventures, as part of its second round of funding. The round raised a total of $4 million, with participation from Draper Fisher Jurvetson, Omidyar Network and University Venture Fund as well.</p>
<p>&#8220;This is a fantastic validation of (the) wiki category of enterprise software, something practically unthinkable three years ago,&#8221; Ross Mayfield, Socialtext&#8217;s chief executive, said in a statement. </p>
<p>Source: <a href="http://news.com.com/Socialtext+lands+SAP+investment/2100-1032_3-5886283.html?tag=nefd.top">News.com, &#8220;Socialtext lands SAP investment&#8221;</a></p>
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