Its investors included the Omidyar Network, Draper Fisher Jurvetson, Sapphire Ventures, and Bedford Funding.

Socialtext's software stack was initially based on Brian Ingerson's perl library Kwiki.

[3] In 2006, it partnered with Dan Bricklin to distribute his wiki spreadsheet tool, wikicalc.

[7] In 2010, Socialtext 4.0 offered LDAP and Active Directory integration, Single Sign-On, REST API, and connectors to Salesforce.com and SharePoint.

[10] Socialtext became a subsidiary of PeopleFluent, and continued operating under its own name within the larger organization.