Inside the Briefcase

The 5 Most Common Application Bottlenecks

The 5 Most Common Application Bottlenecks

Application bottlenecks can lead an otherwise functional computer or...

How Machine Learning Helps Improve the Security Industry

How Machine Learning Helps Improve the Security Industry

We’ve been moving more and more towards computerized processes...

Transformation on a Global Scale

Transformation on a Global Scale

Necessity may be the mother of invention, but it’s...

IT Briefcase Exclusive Interview: As Container Adoption Swells, So Do Security Concerns

IT Briefcase Exclusive Interview: As Container Adoption Swells, So Do Security Concerns

Fei Huang, NeuVector
In this Fresh Ink interview segment,...

6 Marketing Strategies for Your Small Business

6 Marketing Strategies for Your Small Business

One of the main problems facing small businesses is...

Jive Gets $30 Million and the Market Sees a Glimpse of What’s to Come

August 3, 2010 No Comments

In preparation for what looks like an IPO, Jive Software announced yesterday it had raised $30 million from Kleiner Perkins Caufield & Byers. It’s a funding story of relative significance that documents one company’s rise to prominence and a venture capital firm’s growing commitment to the social enterprise and cloud computing space.

The Jive investment is the second major funding that has been seen in the past several days. Last week, Atlassian raised $60 million from Accel Partners.

The Atlassian investment also show that venture capital firms are confident in a new class of providers. Atlassian makes tools for product development. Cloud computing companies, software providers and Web-based services all build tools. Atlassian is not a purely social technology company but it does have elements that puts them in a category that investors find attractive.

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