News Byte

Jive Results Better Than Expected; Shares Rise After-Hours

Social enterprise software concern Jive Software reported first-quarter results that were slightly better than the expectations of analysts. Billings, a key metric combining revenue and the change in deferred revenue, grew 52 percent to $28 million, while total revenue rose 58 percent. Jive’s net loss on a non-GAAP basis was 9 cents a share. Jive shares rose as much as 9 percent in after-hours trading, after falling more than 10 percent during the regular session.

Cloud-Based Phone Software Start-Up Twilio Taps Former Jive Exec as Its CMO

Not clear on what Twilio is all about? Then someone has her job cut out for her.
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Yammer Makes Its First Acquisition: OneDrum

Fresh off an $85 million round of new funding, the social enterprise start-up will acquire a company that makes Microsoft Office more collaborative. Let the comparisons to Jive begin.
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News Byte

Jive CMO Rizzo Joins Board of PixyKids

Jive Software’s chief marketing officer, John Rizzo, has joined the board of directors at PixyKids, a social media platform aimed at children and families. Rizzo is a 25-year Silicon Valley veteran and previously CEO of Zeebo, an interactive entertainment and education outfit targeting emerging markets. PixyKids is backed by $3 million in venture capital, including $2 million from ATA Ventures.

Salesforce Shows Off Its Rypple Acquisition, Analysts Applaud

Also, CEO Marc Benioff showcases Hewlett-Packard as Salesforce’s newest big customer, but it’s not quite as big a deal as you might think.
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Collaboration Start-Up Atlassian Acquires HipChat

The fast-growing collaboration platform of choice for software developers goes real-time.
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Yammer Adds SAP to the List of Business Software It Supports

Wouldn’t it be nice if you could follow an SAP record as easily as you follow your friends on Facebook? Yammer has made it happen.
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Investors Sure Love Them Some Jive Today

Investors seem to love Jive Software today, mainly because it’s being described as the “Facebook for business.” Will they love another cloud company, Workday, as much?
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Newly Public Jive Beats the Street

Jive’s first quarter as a public company comes out pretty good.
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Salesforce Gets Into the HR Cloud With Rypple Acquisition

Marking the third acquisition of a cloud software firm since October, Salesforce grabs Rypple and says it will rename it Successforce. Sound familiar? It should.
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Jive Software Will Start Trading Tuesday