After 10 years and some ups and downs, Jive Software seems perfectly poised for a big exit — an IPO or acquisition.
While giants like Microsoft and Salesforce.com are now trying to add social elements to their products, Jive can boast that it has been focused on that area for a decade.
With new board members from Google, Facebook, and McAfee, and a $30 million C round from Sequoia last year, Jive is readying itself for the big time.
As part of that prep, Jive relocated its headquarters from Portland, Oregon, to Silicon Valley last year.
After a couple stopovers in temporary spaces, Jive landed in a new building in toney downtown Palo Alto in November. The place is owned by Dado Banatao of Tallwood Venture Capital, who wanted a tech company in the space and leased it to Jive over a few other contenders. The space now has about 100 employees — 200 still work up in Portland — and is hiring faster than Jive’s other locations.
We got a tour from CFO Bryan LeBlanc, who also filled us in on some important points about the company’s culture.
Here's the outside of the building. Jive has most of the first three floors. The fourth is taken up by a residence.
...and take the elevator to the main office on the second floor. Customers and other visitors are invited to scrawl their names or other graffiti on the wall.
Next to the entryway are 10 placards celebrating each of Jive's years in business. The graphics measure Jive users and bookings. (They wouldn't say how much money each $ represents.)
The conference rooms are all named after 1920s jitterbug slang terms, which is where Jive got its name.
CFO Bryan LeBlanc asks how much does a front-page WSJ ad cost? He's sick of seeing Salesforce CEO Marc Benioff when he gets the paper in the morning.
Who has the Silicon Valley concession on this whiteboard wall paint? It's everywhere. They'll be rich -- like Levi Strauss selling blue jeans to gold miners.
Operations manager Gary Jensen gives a presentation. Or maybe this was just for the camera -- there's an Xbox hooked up to that TV.
The company's founders insist on having a keggerator. It moved with them through three temporary Palo Alto spaces. This one is built in. On tap today: Bass Ale.
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