Tell us what your website is and what it does. I'm sure that this information is in the linked article, but so that this isn't just an advertisement for your sale, tell us about it. How'd you market it, why did it "fail"? What made you decide to sell? How'd you settle on a price? What do you plan on doing after this? Are there employees that come with this? What's it written in etc. etc. etc.
Socialblaze is a social media management application that helps companies measure and optimize their return on investment from social media marketing. It has a lot of advanced social media analytics that most other social media management tools don't have; but that agencies and brands need to measure their social media marketing efforts.
We haven't done a whole lot to market it besides for some SEO efforts, blogging, Facebook + Twitter. There's a lot more we could have done in terms of SEO; but we ran out of funds to continue working on it full time.
We want to sell Socialblaze because we want to pass it along to a company who can work on this full time and who can achieve the vision we have for Socialblaze.
After this, we don't have specific plans. We'd be interested in possibly coming along to continue developing the product. Whatever we do, we want to continue developing products since that is what we're really good at.