Press Release
Jive Recognizes Its Best Sales Quarter In the History of the Company; 100% Revenue Growth Year Over Year
PORTLAND, OR, April 29, 2009 - Jive, the Social Business Software leader, recorded its best sales quarter ever for Q109 and recognized 100% revenue growth year over year. Jive also announced that it is cash flow positive for the second consecutive quarter. In addition, Jive added 70 marquee customers during the quarter, including InterContinental Hotels Group (IHG), Linden Lab, and Musician's Friend.
"Jive's Social Business Software is making significant, measurable impact for Global 2000 companies," said Dave Hersh, CEO, Jive Software. "We have no plans of slowing down -- our recent success is testament to our dedication to building great products and solving real business problems for our customers."
Jive is the largest and fastest growing social business software company in the world. In Q109, the company expanded its Bay Area presence by securing office space in Palo Alto, California.
Jive delivers the leading enterprise-class suite of Social Business Software applications for Global 2000 companies and governments. Jive's collaboration software solutions are the first to effectively manage employees, customers and partners on a unified platform. Jive is purpose-built for tens of thousands of users and millions of page views.
About Jive Software
Jive Software is the global leader in Social Business Software. For more information, visit Jive Software online at www.jivesoftware.com.
Media Contact: Rachel Petersen, Nectar Communications, rachel@nectarpr.com, 415-637-0576
