Tony Zingale Now Jive's Permanent CEO

PALO ALTO, Calif., May 18 /PRNewswire/ -- Jive Software, Inc. – Today Jive Software announced that Tony Zingale has become Jive's permanent CEO.  He has been the interim CEO for less than three months and has served on Jive's board of directors for well over two years.

"Jive is leading the Social Business revolution, just like Facebook and LinkedIn did in our personal and professional lives," said Tony Zingale, CEO of Jive. "Social Business is the biggest shift in the way business gets done in a generation. Jive has the right strategy, people and products to lead this market like never before."

Tony Zingale Background

Tony Zingale has over thirty years of experience building market leading technology companies. Prior to Jive, Zingale served as President and CEO of Mercury Interactive, the worldwide leader of Business Technology Optimization (BTO) software, where he successfully grew the company to over $1B in annual revenue. In 2006 HP purchased Mercury for $5.1 billion. Prior to Mercury, he was President and CEO of Clarify, a leader in customer relationship management (CRM) software, where he grew the company to more than $300 million in annual revenue. Nortel acquired Clarify for $2.1 billion in 1999. He serves on the board of directors of Coverity, Inc., McAfee, Inc., and ServiceSource.

Record Growth Fuels Continued Expansion; Palo Alto, California Named Jive's Headquarters

In less than a year Jive has increased its Silicon Valley team from 4 to 50 and expects to have over 100 employees in Palo Alto, Jive's new headquarters, by the beginning of next year. To accommodate this growth, Jive recently signed a lease for a new facility in Palo Alto's downtown business district on 325 Lytton Avenue. Jive continues to aggressively hire engineering, sales, marketing, product management, services and support professionals in the Bay Area, and will relocate to the new headquarters this fall.

Jive's Portland center will continue to be a major hub of innovation and investment. Jive recently reached capacity of its current office in Portland, and this summer will begin the build out of an additional floor to accommodate planned hiring. Jive also recently moved into a significantly larger office located in Boulder, Colorado's Pearl Street District. "Now we have a strong hold in three of the top cities in the country for attracting the best and brightest talent in the social software market," said Bryan LeBlanc, CFO at Jive.

Social Business – The New Way to Business

Social Business Software is the new way to engage employees, customers and the social web. Just as social technologies changed our personal lives, Social Business is changing how enterprises create competitive advantage. SBS is emerging as the most important new enterprise software category in a decade. Analysts project the Social Business Software market is growing in excess of 25% CAGR and will reach nearly $5 billion by 2013.

About Jive Software

Social Business Software is the new way to engage employees, customers and the social web. Just as social technologies changed our personal lives, Social Business is changing how enterprises create competitive advantage. SBS is emerging as the most important new enterprise software category in a decade. SBS combines the power of community software, collaboration software, social networking software, and social media monitoring tools. Analysts project the Social Business Software market is growing in excess of 25% CAGR and will reach nearly $5 billion by 2013.

SOURCE Jive Software, Inc.