Socialtext closes Series B

Ross Mayfield has announced they have now closed their series B financing round. Congratulations to the whole team !

As with the previous round, Ross has not issued a press release like most companies do, instead he has turned the news into a contest of dinding out the details yourself. I probably could not resist doing the press release in such an occasion, but I agree to Ross’ reasoning on overrating the news about getting an investment.

It seems DFJ is one of the investors according to their pages. They are also investors in companies like Technorati and Feedburner, so it will be interesting to see if there will be any integration between them.

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