LinkedIn buys PointDrive to boost its social sales platform with sharing

Sounds like a great collaboration tool for sales people and their customers! With LinkedIn having many contacts on board already, it could become a business tool with a huge potential. Just select the person you want to share something with on LinkedIn and already you have a common storage to exchange information. Will be interesting to see how it integrates with Microsoft services like OneDrive, Skype or Yammer. 



LinkedIn, now on the way to becoming a part of Microsoft, is putting some more firepower into its sales product: the company has acquired PointDrive, a startup that has built a service that lets salespeople share content with prospective clients to help seal the deal.


Terms of this deal are not being disclosed. PointDrive was based out of Chicago and had no VC funding disclosed in Crunchbase.


The news comes on the heels of LinkedIn sprucing up its Sales Navigator product with new features like a plug-in for Gmail, Salesforce integration and new mobile features. Sales solutions is not LinkedIn’s biggest business unit (that is Talent Solutions, or recruitment), but the service, which was built two years ago to help with social selling on LinkedIn, has been highlighted as a key part of the company’s potential synergies with Microsoft post-acquisition.


The product today comes in two tiers. A Professional edition is designed for individuals ($80/month) and Team edition for…


Read the entire article from TechCrunch here: LinkedIn buys PointDrive to boost its social sales platform with sharing


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