From Seo Wiki - Search Engine Optimization and Programming Languages
Not to be confused with the cultural studies journal Social Text
Socialtext Incorporated is a company based in Palo Alto, California that produces enterprise social software, including a wiki-centric software platform by the same name. It is run by CEO Eugene Lee and President and co-founder Ross Mayfield. The focus of Socialtext Incorporated is to enable people within a company to collaborate and share information with one another, increasing the company's productivity.
Socialtext features authentication, authorization, and access control.
The company includes the Omidyar Network, Draper Fisher Jurvetson, and SAP Ventures among its investors.
Socialtext launched version 3.0 on Sept 30, 2008.