Sequoia Invests $15 million in Jive Software

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Jive Software, a Portland, Ore.-based collaboration software startup, has raised $15 million in funding from Sequoia Capital.  Jim Goetz is the Sequoia partner leading the investment in the company, which has been profitable since it was launched in 2001. The new money will be used to push sales and marketing of its Clearspace line-up of products.

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Pushkar

Clearspace is a really great product for development related / good collaboration systems.

I think other than Drupal which is for CMS only, Clearspace its one of the strongest in the space. I hope there was something like this in PHP! :)

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