Jive Software Acquires FiltrBox

Today Jive Software announced the acquisition of Filtrbox. True seed funded Ari Newman and Tom Chikoore in the winter of 2008, and we have worked closely with Ari and his team as Filtrbox developed a market leading product in the real-time social media monitoring marketplace.

We’re extraordinarily proud of Ari, Tom, Patrick and the rest of the team at Filtrbox for this fantastic outcome. Filtrbox will become Jive’s Boulder, Colorado team, and the Filtrbox products will enable Jive to “drill deeper to drive business value from the real-time web with unique applications to bridge related internal activities and market-facing activities.”

This is a terrific outcome for everyone involved, and we’re particularly proud of the way Ari and his team navigated the waters of the social media landscape over the past two years. The team built a robust and powerful product that rapidly distinguished itself in a competitive and rapidly changing marketplace.

Ari and Tom are a shining examples of the types of entrepreneur we strive to work with at True. Starting on day one, they diligently and rapidly built a solid product, launched it early and often, and attracted customers to the platform. Filtrbox exemplified agility, as the team kept their eyes and ears close to their customers and tuned and iterated their sales process and business model to stay ahead of a rapidly growing market.

Ari and his team worked incredibly hard to build Filtrbox, and we really love the way that they always found time to contribute meaningfully to the True Founder family.

We are immensely grateful for the team’s efforts and dedication over the past two years, and we look forward to supporting Ari and Filtrbox on the next leg of their journey.