Jive Communications

Orem, United States Founded: 2006 • Age: 20 yrs Acquired By LogMeIn
Cloud-based VoIP and unified communications are offered to enterprises.
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About Jive Communications

Jive Communications is a company based in Orem (United States) founded in 2006 was acquired by LogMeIn in February 2018.. Jive Communications has raised $32.37 million across 4 funding rounds from investors including LogMeIn and Innoventures Capital Partners. The company has 433 employees as of December 31, 2022. Jive Communications has completed 4 acquisitions, including Comvoice, Easy Office Phone and Speek. Jive Communications offers products and services including Phone System, Contact Center, and GoTo Meeting. Jive Communications operates in a competitive market with competitors including RingCentral, Dialpad, Fuze, Webex and Weave, among others.

  • Headquarter Orem, United States
  • Employees 433 as on 31 Dec, 2022
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Jive Communications, Inc
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $32.37 M (USD)

    in 4 rounds

  • Latest Funding Round
    $3.25 M (USD), Series B

    Oct 17, 2016

  • Investors
    LogMeIn

    & 1 more

  • Employee Count
    433

    as on Dec 31, 2022

  • Investments & Acquisitions
    Comvoice

    & 3 more

  • Acquired by
    LogMeIn

    (Feb 08, 2018)

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Products & Services of Jive Communications

Jive Communications offers a comprehensive portfolio of products and services, including Phone System, Contact Center, and GoTo Meeting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Cloud-based system for voice calls and routing

AI-powered tool for omnichannel interactions

Video conferencing software for remote meetings

Funding Insights of Jive Communications

Jive Communications has successfully raised a total of $32.37M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $3.25 million completed in October 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Series B — $3.3M
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2016 Amount Series B - Jive Communications Valuation

investors

Aug, 2016 Amount Series B - Jive Communications Valuation

investors

Sep, 2013 Amount Series B - Jive Communications Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Jive Communications

Jive Communications has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include LogMeIn and Innoventures Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private debt fund focused on multiple sectors based out of Utah
Founded Year Domain Location
Cloud-based remote access and unified communication solutions are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Jive Communications

Jive Communications has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Comvoice, Easy Office Phone and Speek. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Conferencing solutions are delivered via unique links for corporate calls.
2012
Cloud-based telephony services are offered to North American businesses.
2005
Cloud-based VoIP telephony services are provided to business customers.
2004
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Jive Communications

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jive Communications Comparisons

Employees
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Competitors of Jive Communications

Jive Communications operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RingCentral, Dialpad, Fuze, Webex and Weave, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based unified communication solutions are offered to diverse sectors.
domain founded_year HQ Location
Cloud-based unified communication solutions including voice and video are provided.
domain founded_year HQ Location
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
domain founded_year HQ Location
Solutions for virtual meetings and training sessions are provided.
domain founded_year HQ Location
Omnichannel software is delivered for customer engagement in healthcare businesses.
domain founded_year HQ Location
An AI platform is utilized for connecting employees across organizations.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Jive Communications

Frequently Asked Questions about Jive Communications

When was Jive Communications founded?

Jive Communications was founded in 2006 and raised its 1st funding round 2 years after it was founded.

Where is Jive Communications located?

Jive Communications is headquartered in Orem, United States. It is registered at Orem, Utah, United States.

Is Jive Communications a funded company?

Jive Communications is a funded company, having raised a total of $32.37M across 4 funding rounds to date. The company's 1st funding round was a Series B of $21.62M, raised on Jun 01, 2008.

How many employees does Jive Communications have?

As of Dec 31, 2022, the latest employee count at Jive Communications is 433.

What does Jive Communications do?

Jive Communications was founded in 2006 and is headquartered in Orem, United States. Enterprise-grade hosted Voice over Internet Protocol and unified communications services are provided to businesses and institutions. Customization of dial plans, conference creation, call recording, and voicemail access via email are enabled. Additional capabilities include virtual fax, call analytics, and queues. Acquisitions of hosted VoIP vendors Vocalnet and Comvoice were completed.

Who are the top competitors of Jive Communications?

Jive Communications's top competitors include Dialpad, Webex and RingCentral.

What products or services does Jive Communications offer?

Jive Communications offers Phone System, Contact Center, and GoTo Meeting.

How many acquisitions has Jive Communications made?

Jive Communications has made 4 acquisitions, including Comvoice, Easy Office Phone, and Speek.

Who are Jive Communications's investors?

Jive Communications has 2 investors. Key investors include LogMeIn, and Innoventures Capital Partners.

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