Jive Posts Record Revenue

1/11/10

Portland, OR-based Jive Software, a maker of social business software, posted an 85 percent increase in full-year revenue in 2009 as compared with the previous year, according to a blog post today from CEO Dave Hersh. That made 2009 “the most successful year in Jive’s history,” and the company was cash-flow positive for the year, he writes. Its customers include Booz Allen Hamilton, EMC, Kaiser Permanente, and Qualcomm. Back in October, Jive announced a $12 million Series B financing from Sequoia Capital.

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com or call him at 617-252-7323. Follow @

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