Founded by David Sacks, former COO of PayPal and currently CEO of Geni.com, the management team is filled from the ranks of PayPal, eBay, eGroups and Tribe. Sacks wanted an enterprise version of Twitter to keep his company connected, but it didn’t exist. So they built Yammer and launched it at TechCrunch 50 on September 8, 2008. As of the morning of the 10th, over 2,000 companies and 10,000 users were registered with Yammer.
Why would a company need this type of service? Well, aside from increasing communications between employees, Yammer claims it can reduce email by doing away with “email inboxes overflowing with unwanted messages.”
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