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Socialtext Raises $9.5 Million

November 4, 2007

Socialtext Inc. has raised $9.5 million in a third round of funding, and named Eugene Lee chief executive. The Palo Alto-based provider of enterprise wiki software said the round was led by Menlo Park-based Draper Fisher Jurvetson. Also participating were existing investors Redwood City-based Omidyar Network and SAP Ventures.

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