Jive builds an all-in-one social enterprise platform that offers Facebook-like features for businesses, including discussions, communication, document sharing, blogging, polls and social networking. The product integrates with LinkedIn, licensed the full Twitter firehose, and is available in Google’s App Marketplace. Jive recently acquired social media monitoring startup Filtrbox and expanded operations with a Palo Alto office. Customers include Charles Schwab, Intel, Nike and VMware. The company reports roughly $75,000–$150,000 in sales per customer, has closed ten $1M deals (four in the last two quarters), and serves about 3,000 customers and 15 million users. Jive is not yet cash-flow positive but expects to end the year on a $100M run-rate and is preparing for an IPO within the next twelve months. Jive Software develops open-source software applications and community platforms. Its products include Jive Forums for external communities and Clearspace X, each sold per server per year with pricing that ranges from $1,950–$14,950 and $4,950–$29,950 respectively depending on user counts. Clients named in the article include Sun Microsystems, IBM, Frito Lay, and Price Waterhouse Coopers. The company announced it will host a Developer Community Plugin Contest with a $5,000 prize. According to alarm:clock, Jive generated roughly $15 million in revenue this year, more than double the prior year. The company recently raised $15 million in its first round of funding from Sequoia Capital.

Total raised

$45M

Funding rounds

2

Latest round

Series C

Latest activity

Jul 2010