Xconomy Seattle

Jive Software Garners $12,000,000 Series B Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=844d3ce8-ea7d-4829-9658-15963ab3fbf3&Preview=1
Date
10/20/2009
Company Name
Jive Software
Mailing Address
915 SW Stark St. Portland, OR 97205
Company Description
We develop award-winning collaboration software that improves a company’s productivity through open collaboration among employees, partners and customers.
Website
http://www.jivesoftware.com
Transaction Type
Venture Equity
Transaction Amount
$12,000,000
Transaction Round
Series B
Proceeds Purposes
Jive says the money will be used to expand its product development, as well as enlist new partners and hire more sales and customer support people.
M&A Terms
Venture Investor
Sequoia Capital