Sequoia Invests $15 million in Jive Software

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.