Jive Software Secures $12M in Series B Funding From Sequoia Capital
Summary
Jive, a provider of Social Business Software, raised $12m in a Series B round of funding led by Sequoia Capital.Sequoia also funded Jive’s Series A round of funding in August 2007.Jive will use the proceeds to develop its products, expand its partner ecosystem, grow its sales and customer support teams.Commenting on the round, Dave Hersh, CEO of Jive Software, said: “Sequoia has been an ideal partner to guide us on a solid course to execute on our market opportunities and to provide us the resources to build for future growth”.Founded in 2001, Jive is headquartered in Portland, Oregon with offices in Palo Alto, Ca.
Funding
Amount
$12.0M
Total raised
Date
October 13, 2009
Announcement date
Investors
-
Lead investors
Company
http://www.jivesoftware.com
Funded company
Classifications
industries
No industries detected
applications
Collaboration & Communication
AskAI Classifications
Labels
Enterprise Collaboration Software
Employee Engagement Platform
Corporate Communication Software
Linked Companies
Jive Software
$100M to $250M