Today, we announced exciting news about our strong Q1 2010 results. What’s the ammunition? Large enterprises are fueling the momentum, turning to Yammer for a seamless, internal communication and knowledge sharing solution. A number of Fortune and Global 500 companies such as Cisco, Nationwide, AstraZeneca, Alcatel-Lucent, SunGard, and Molson Coors have upgraded to Yammer’s paid product, which enables advanced control, customization and enhanced security functionality. Large enterprises are also gleaning value from Yammer’s newest product – Yammer Communities – that provides companies with a private, secure space to connect with their external business networks such as customers and partners.
More than 70% of Fortune 500 companies are using Yammer, and that number continues to grow. “Q1 was a phenomenal quarter for us,” said David Sacks, CEO at Yammer. “We continued to gain acceptance among many of the world’s leading enterprises. The fact that companies like Cisco, Nationwide, and SunGard trust Yammer as a secure, scalable, and valuable communication platform signifies to other leading, global enterprises that they can, too. Yammer was the first company to bring real-time feeds into the enterprise, and clearly this is an idea whose time has come.”
Want to hear more on revenue from Yammer’s CEO, David Sacks? Check out this TechCrunch interview.
See the official Press Release here.
