Portland, Ore. – Jive Software, a provider of social
networking tools for businesses, announced on Wednesday that it has raised $30
million in its third round of funding.

Kleiner Perkins Caufield &
Byers led the investment round; Sequoia Capital also participated.

Portland, Ore.-based Jive counts
around 3,000 enterprise customers, and some 15 million users of its social
media products.

The company, which has now raised a total of $57 million, will
use the new funds to accelerate product development.


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