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.
The software is meant to be a lightweight alternative to more structured document management applications like Microsoft's SharePoint. With Clearspace, end users can start wikis, … Read more