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§ Private Profile · Austin, TX, USA
Social Business Software company offering collaboration and community features for enterprise businesses, focused on employee productivity.
Jive Software, originally based in Portland, Oregon, developed social business software that integrated social networking, collaboration, and community features for enterprise communication and intranet solutions. The company grew to employ over 250 people in its Portland office by 2014, achieving a market capitalization of approximately $449 million. Key figures involved in its development and leadership included co-founders Matt Tucker and Dave Hersh, alongside later CEO Tony Zingale. The firm also secured investment from notable venture capital firm Sequoia Capital, with partners like Jim Goetz involved. Jive Software went public via an IPO in 2011 before being acquired in 2017. It was founded in 2001 by Matt Tucker and Dave Hersh. Its business model centers on subscription-based software sales, went public via IPO in 2011 and was later acquired in 2017.
Jive Software has raised $57.0M across 3 funding rounds.
Key people at Jive Software.
Jive Software was founded in 2001 by Tony Zingale (Founder) and Matt Tucker (Founder) and Bill Lynch (Founder).
Jive Software has raised $57.0M in total across 3 funding rounds.
Jive Software was founded in 2001 by Tony Zingale (Founder) and Matt Tucker (Founder) and Bill Lynch (Founder).
Jive Software has raised $57.0M in total across 3 funding rounds.
Jive Software's investors include Ted Schlein, Ballistic Ventures, Greylock, Sequoia Capital.
Jive Software pioneered the Social Business Software category by integrating social networking, collaboration, and community features into a unified platform designed to improve communication and engagement within enterprises[1]. The company builds collaboration and communication software products that serve large organizations, enabling employees, customers, and partners to connect and collaborate more effectively across distributed teams[2][3]. Jive’s solutions address the problem of fragmented communication in enterprises, fostering productivity and engagement through social intranets, communities, and messaging tools. The company experienced significant growth, including a successful IPO in 2011 and a $462 million acquisition in 2017, reflecting strong market momentum[1][4].
Jive Software was founded in 2001 by Bill Lynch and Matt Tucker, both University of Iowa graduates with strong technical backgrounds[3]. The idea emerged from their vision to create an enterprise platform that facilitates efficient communication and collaboration among teams spread across multiple locations. Early traction came from securing major clients like Sun Microsystems and later household names such as Nike and T-Mobile USA[3]. The company initially operated out of Iowa City before relocating its headquarters to Palo Alto, California, to better position itself in the tech ecosystem[2][3]. Key milestones include a Series B funding round led by Sequoia Capital in 2009, an IPO in 2011, and eventual acquisition by Aurea in 2017[1][2][4].
Jive rides the trend of digital transformation in the workplace, where enterprises increasingly demand integrated social collaboration tools to enhance productivity and engagement. The timing was critical as organizations shifted from siloed communication methods to more dynamic, social-driven platforms[1][4]. Market forces such as remote work, globalization, and the rise of cloud computing have favored solutions like Jive’s that unify communication channels. Jive influenced the broader ecosystem by setting early standards for social business software, competing alongside giants like Microsoft and Salesforce, and pushing the evolution of enterprise collaboration[4].
Looking forward, Jive’s legacy continues within the broader customer experience and employee engagement platforms under Aurea’s portfolio, focusing on delivering integrated end-to-end digital experiences[4]. Trends shaping its journey include the increasing importance of hybrid work environments, AI-driven collaboration enhancements, and deeper integration with enterprise ecosystems. Jive’s influence may evolve as part of larger suites that combine collaboration with customer experience management, reflecting the ongoing convergence of internal and external engagement strategies. The company’s pioneering role in social business software remains a foundational chapter in enterprise collaboration history[1][4].
Jive Software has raised $57.0M across 3 funding rounds. Most recently, it raised $30.0M Series C in July 2010.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2010 | $30M Series C | Theodore Schlein | Ballistic Ventures, Greylock, Sequoia Capital | Announced |
| Oct 1, 2009 | $12M Series B | — | Sequoia Capital | Announced |
| Jul 1, 2007 | $15M Series A | Sequoia Capital | Greylock | Announced |
Key people at Jive Software.