Jive Software
| Type | Public company |
|---|---|
| Traded as | NASDAQ: JIVE |
| Industry |
Social Business Social Networking Computer software Social software Collaboration software Enterprise content management |
| Founded | 2001 |
| Headquarters | Palo Alto, California, U.S. |
| Key people |
Tony Zingale,Chairman,CEO,Board Member Bryan LeBlanc, CFO Matt Tucker, Co-founder,CTO,Board Member Bill Lynch, Co-founder, Advisor Jim Goetz,Board member Jonathan Heiliger, Board Member Bill Lanfri, Board Member Tom Reilly,Board Member Chuck Robel, Board Member Ted Schlein, Board Member Margaret Breya, Board Member |
| Products |
Jive Social Intranet Jive for Sales Jive for Customer Service Jive for Marketing Jive for Government Openfire Producteev by Jive Meetings.io Jive Resonata Jive Streamonce |
| Revenue | USD $113.7 million (2012) |
| Employees | 645 (2013) |
| Website | jivesoftware.com |
Jive Software is a software company in the social business software industry headquartered in Palo Alto, California.[1] Founded in 2001, Jive maintains additional offices in Portland, OR; San Francisco, CA; Boulder, CO; New York, NY; Toronto, Ontario, Canada; Reading, UK; Frankfurt, Germany; Sao Paulo, Brazil; Tel Aviv, Israel; Sydney & Melbourne, Australia; Hong Kong; Singapore and Tokyo.
Products
Jive's flagship product is also named Jive (though the product was formerly named Clearspace, then Jive SBS, then Jive Engage). The software combines collaboration, community and social features.
Jive SBS 4.5[2] was announced and released on June 8, 2010, adding microblogging, enterprise IM and support for OpenSocial. SBS 4.0[3] was announced and released on October 28, 2009, adding Mobile (iPhone, BlackBerry) features, a connection module for Microsoft Office, and an expansion on the cloud-based data analytics and reporting features first introduced in SBS 3.0.
Jive has subsequently introduced Jive 5 and Jive 6 that has provided additional social collaboration and external community features to its existing offerings. The company now releases quarterly updates to its product offerings, most recently introducing the Spring and Summer cloud releases that brought features such as Purposeful Places, Structured Outcomes, Impact Metrics, Business Analytics, added features to Jive Anywhere, including Jive for iPad, Jive for iPhone 2.0 and Jive Present for Android (Jive Present for iPad was introduced in late 2012.)
In November 2012, Jive announced the acquisition of technology companies Producteev and Meetings.io. Producteev produces a cloud-based task management application with web, desktop, and mobile clients. Meetings.io provides a chat and video conferencing tool.In May 2013, the company announced the newly redesigned version of Producteev by Jive as a stand-alone free app to individuals and teams of any size. Plans to integrate Producteev into Jive's core social business platform via a new module are in the works for the near future. Jive is gradually releasing the real-time communication features from Meetings.io over the course of 2013, including chat, screen sharing and video conferencing.The product also continues as a stand-alone app.
In May 2013, Jive announced the acquisition of CLARA and StreamOnce and detailed their integration in the Jive Platform. The integration of CLARA's Jive Resonata product brings community analytics to the platform and allows users to measure the reach, sentiment and influence of their work, and use predictive analysis to anticipate customer behavior.
History
Jive was founded in 2001 in Iowa, but relocated to New York later the same year. In 2004, the company moved its headquarters to Portland, Oregon.[4]
At the end of 2009, Jive posted a record 85% percent increase in revenue[5] in addition to securing $12 million in Series B funding from Sequoia Capital.[6] On January 7, 2010, Jive acquired Colorado-based social monitoring company Filtrbox for $1.7 million in cash and common stock.[7]
On February 22, 2010, Dave Hersh announced he was stepping down as CEO and accepting the role of Chairman of the Board. Tony Zingale, a Jive Software board member and the former CEO of Mercury Interactive, stepped in as interim CEO until a permanent replacement could be found, a search Mr. Hersh was heading. Mr. Hersh cited his lack of experience in guiding a fast-growing company in a swift-changing environment, while insisting the decision was his alone.[8] This move fueled speculation that Jive Software was planning to go public.[9] On May 18, 2010, Jive announced that Zingale would remain as the permanent CEO, and also confirmed that they were looking to file for an IPO.[10]
Also in 2010, the company relocated its headquarters from Portland to Palo Alto, California. However, as of 2013, its Portland site remains its largest, with 250 of the company's 650 employees.[4] On March 30, 2011, Jive appointed four new board members, executives from Facebook, Google, and McAfee. [11]
In 2011, Jive filed for a $100 million IPO.[12] The company had its IPO on December 12, 2011, on the NASDAQ stock exchange, raising $161.3 million from investors, around $60 million higher than was planned.[13]
In November 2012, Jive acquired two technology companies: New York-based social task management company Producteev and San Francisco-based Meetings.io, a real-time communications platform and Y-combinator backed company.
In May 2013, Jive announced they had acquired CLARA, a real-time analytics company, and StreamOnce, which connects different business systems to a company's social intranet.
References
- ↑ Rogoway, Mike (May 18, 2010). "Jive Software makes it official: HQ now in Palo Alto". The Oregonian (Portland, Oregon). Retrieved August 14, 2013.
- ↑ "Jive 4.5 Includes Microblogging, IM and Support for OpenSocial". CMSWire. Retrieved 2010-06-11.
- ↑ "Jive SBS 4.0 Offers Office Integration and an iPhone App". ReadWriteWeb. Retrieved 2010-05-28.
- ↑ 4.0 4.1 Rogoway, Mike (August 11, 2013 (online date August 10)). "Jive keeps swinging: New strategies are in works to lift the onetime Portland-based software company to the next level". The Sunday Oregonian. pp. D1, D3. Retrieved August 14, 2013.
- ↑ "Jive Software Grows Up". New York Times. 2010-01-11. Retrieved 2010-01-11.
- ↑ "Portland’s Jive Software secures another $12 million in venture capital from Sequoia". Tech Vibes. Retrieved 2009-10-09.
- ↑ "Jive Software Acquires Social Media Monitoring Startup Filtrbox". Tech Crunch. Retrieved 2009-10-20.
- ↑ "Jive Talks: My Transition". Jive Software. Retrieved 2010-02-25.
- ↑ "Is Jive Software Taking Steps Toward An IPO?". ReadWrite Enterprise. Retrieved 2010-02-25.
- ↑ Worthen, Ben (2010-05-18). "Jive Software Hopes to Juke Toward an IPO". Wall Street Journal. Retrieved 2010-05-28.
- ↑ "Jive Preps For IPO; Facebook, Google, McAfee Execs On Board". Forbes. 2011-03-30. Retrieved 2011-04-09.
- ↑ "Jive Software Files For $100 Million IPO, Does Not Expect Profits In Near Future". San Francisco Chronicle. Business Insider. August 24, 2011. Retrieved August 24, 2011.
- ↑ Ari Levy (13 December 2011). "Jive Software Raises $161.3 Million in Initial Public Offering". Bloomberg News.
External links
- Firms make tough choices about perks in the recession "Daily Journal of Commerce" retrieved July 17, 2009