The official announcement crossed the wire at 9am EST today announcing Eugene Lee joining Socialtext as the new CEO. As part of the news, Socialtext also announced the closing of a $9.5 million Series-C round from existing investors led by Draper Fisher Jurvetson (DFJ), as well as Socialtext's recent strong position in the Gartner "Magic Quadrant for Team Collaboration & Social Software." You can read the full press release here or the Gartner MQ results here.
There has been loads of interest in this Socialtext news from the blogosphere, traditional press and analyst community, as well as at the Defrag Conference going on now in Denver, Colorado. Some detailed coverage can be found at San Francisco Business Times, eWeek, ZDNet, CNET, TechCrunch, VentureBeat and Collaboration Loop. You can also read Eugene Lee's own thoughts on the announcement and his plans for Socialtext in his blog, by clicking here.
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