Last week, I saw the news on Jive Software securing a $15 million round of funding from venture firm Sequoia Capital.
Being the diligent type that I am, I immediately jumped over to the Jive site to get the full story.
Only there wasn’t anything there.
No press release. No blog post. Nothing. Crickets chirping.
But I’ve diligently checked the site, time and time again, since that point, and I am now happy to report that Jive is now talking about the round in a post from the CEO, Dave Hersh, on Jive Talks.
Hersh addresses questions that plague any startup making this sort of control-wresting decision:
- Why did we raise the money?
- Why did Sequoia choose Jive to win the space?
- Why Sequoia?
- What will change?
- Was it a hard choice?
For more, read Dave Hersh’s post on Jive Talks, “More on our $15M Funding Round with Sequoia.”
[Update] Mike Rogoway of The Oregonian provides additional coverage—and a little link love for Silicon Florist (Thanks, Mike!)—on the Silicon Forest blog.
[…] Jive Software continues on its award-winning roll. First, they walked away with a cash prize of $15 million from Sequoia. Then, they took home the OEN Entrepreneur Award. Now, they’ve walked away with top honors at […]
[…] of these roles. So I just thought it worth mentioning that Jive Software—proud recipient of a recent $15 million Sequoia investment and a winner of one of the 2007 Oregon Entrepreneur Network awards—is hiring for the […]
[…] keeps rolling out of Portland-based Jive Software, this week. More money. More customers. And now, more, um, well, more recent software, with the release of Clearspace […]
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