The story
Matt Tucker and Bill Lynch founded Jive in 2001 in Iowa; the company relocated to New York later that year. In 2004, the company moved its headquarters to Portland, Oregon.
At the end of 2009, Jive posted a record 85% percent increase in revenue in addition to securing $12 million in Series B funding from Sequoia Capital.
In 2011, Jive filed for a $100 million IPO. The company had its IPO on December 12, 2011, on the NASDAQ stock exchange, raising $161.3 million from investors, around $60 million higher than was planned.
On November 4, 2014, Tony Zingale announced his retirement as CEO and that he would take an extended role on the board as executive chairman. Jive appointed Elisa Steele president and to office of the CEO until the board found a replacement.
On February 10, 2015, Elisa Steele was named CEO, alongside her existing role as president. At the time, she was also named to the Jive board of directors.
By 2015, the company's customer and revenue growth had declined to a market cap of $400 million. Independent technology analysis firm, the Real Story Group, assessed the potential for a take over of the firm, postulating that Jive may represent "the canary in the coal mine," indicating a more systemic shift in the market for enterprise collaboration software.
On February 7, 2017, during an earnings call, Jive announced that the past quarter (Q4,2016) was the first where the company had achieved GAAP operating profitability.
From Wikipedia’s article on Jive Software, shared under CC BY-SA 4.0.6