Jive Software Files for $100M IPO

On August, 24, 2011, Jive Software, Inc., a Palo Alto, CA-based independent social business software company, filed its registration statement on form S-1 with the Securities and Exchange Commission to complete an Initial Public Offering (read here).

The company intends to raise as much as $100m.

Led by CEO Tony Zingale CFO Bryan J. LeBlanc, CMO John F. Rizzo, Senior Vice President of Engineering Brian J. Roddy, Senior Vice President of Worldwide Sales John McCracken, Jive offers a Social Business Software (SBS) solution including community, collaboration, and social networking software, as well as social media monitoring tools designed to enable organizations to implement an enterprise-wide strategy to engage employees, customers and the social web.
Customers include, among others, Charles Schwab, Intel, Nike, and VMware.

The company is funded by Sequoia Capital and by Kleiner Perkins Caufield & Byers (see related news).

Morgan Stanley & Co. LLC and Goldman, Sachs & Co. will act as lead joint book-running managers for the offering, and Citigroup Global Markets Inc. and UBS Securities LLC will act as joint book-running managers for the offering. BMO Capital Markets Corp. and Wells Fargo Securities, LLC will act as co-managers.



Related News

21/07/2010: Jive Software Closes $30m in Series C Financing

20/10/2009: Jive Software Secures $12M in Series B Funding From Sequoia Capital

Join the discussion