Tuesday, August 21, 2007

Jive Software takes in $15 million to run with Web 2.0 collaboration | Tech news blog - CNET News.com

Jive is making impressive customer and partner progress 

Fueled by a round of venture capital, Jive Software is pushing into the corporate technology market with lightweight Web collaboration software.

The company is expected to announce next week that Sequoia Capital has invested $15 million into Jive Software which has been self-funded and profitable until now.

Jive, perhaps best known for its online forum software, is focusing the company on Clearspace, a product first written about here and commercially introduced earlier this year.

Jive Software takes in $15 million to run with Web 2.0 collaboration | Tech news blog - CNET News.com

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