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AI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweapons

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AI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweapons

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Ohio city workers are covering automated license plate readers with trash bags as officials sound the alarm on 'egregious violations' of privacy

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10,000 Boomers a day, $39 trillion in debt, and no benefit cuts: Bessent stakes Social Security on the Trump economy

Jive files for $100 million IPO

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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August 25, 2011, 12:39 AM ET

Jive Software, a Palo Alto, Calif.-based maker of social business collaboration software, today filed for a $100 million IPO.

Morgan Stanley and Goldman Sachs are serving as co-lead underwriters, while the company did not disclose the exchange on which it plans to trade. It reports a $30 million net loss for the first six months of 2011 on $33 million in revenue, compared to a $13 million net loss on $19 million in revenue for the year-earlier period. Jive has raised nearly $60 million in VC funding from Sequoia Capital (36.2 pre-IPO stake) and Kleiner Perkins Caufield & Byers (14.24%).

Last September I interviewed Kleiner Perkins partner Ted Schlein about Jive, including its IPO prospects. Read it here.

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