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Enterprise Social Networking Company Jive Software Files S-1 For IPO
Aug 24th, 2011
Jive Software filed its S-1 for an expected IPO Wednesday.Jive reported revenue of $16.9 million, $46.3 million and $34.0 million for the calendar years of 2008, 2009 and 2010. For the six months ending June 30, 2011, revenues were $34.0 million and bookings were $42.4 million.The company reported a net loss of $27.6 million in 2010, up from $4.8 million in 2009 and $11.3 million in 2008. In the first six months of 2011 Jive reported a net loss of $30.6 million.Major shareholders are Sequoia Capital with 36.20%, Kleiner Perkins Caufield & Byers with 14.24% and founders David Hersh with 7. ... (Source: Forbes) -
The consumerization of devices has driven the new style of IT at an ever accelerating space, causing unique challenges for enterprises. Join HP Enterprise Services for a Twitter chat on Tuesday, May 7th from 12-1 p.m. CT to talk about mobility and the enterprise. Come join the conversation by using the hashtag #HPESchat... [Full Article]
Small-company stocks were a bright spot in a subdued start to the week for Wall Street. The Russell 2000, an index of small-company stocks, climbed above 1,000 points for the first time and ended higher ... (Source: Associated Press)... [Full Article]
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