---
title: 'Jive Talks (finally) talks about $15 million round'
date: '2007-08-22T18:50:55-07:00'
type: post
word_count: 259
char_count: 1764
tokens: 337
categories:
  - Jive
  - Portland
  - VC
---

# Jive Talks (finally) talks about $15 million round

Last week, I saw the news on [Jive Software securing a $15 million round of funding](http://siliconflorist.com/2007/08/17/jive-software-secures-15-million-and-moves-blog-to-clearspace/ "Jive Software secures $15 million") from venture firm [Sequoia Capital](http://sequoiacap.com/company/jive-software/ "Jive Software at Sequoia Capital").

Being the diligent type that I am, I immediately jumped over to the [Jive site](http://jivesoftware.com "Jive Software") 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](http://clearspace.jivesoftware.com/blogs/jivetalks/2007/08/22/more-on-our-15m-funding-round-with-sequoia "Jive Software CEO talks about $15 million round").

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](http://clearspace.jivesoftware.com/blogs/jivetalks/2007/08/22/more-on-our-15m-funding-round-with-sequoia "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](http://blog.oregonlive.com/siliconforest/2007/08/jive_talks_up_venture_funding.html "Silicon Forest blog on Jive funding").
