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Spiceworks Raises $25 Million in Series D Funding

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Spiceworks

C Round: $16,000,000
D Round: $25,000,000

Founded: 01/2006
Industry: Education

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Austin, Texas – Spiceworks, a developer Web-connected social IT management software has raised $25 Million in Series D Funding from venture capital firms Adams Street Partners, Tenaya Capital, Institutional Venture Partners, Austin Ventures and Shasta Ventures.

Over 200 top technology providers, including Microsoft, Google, Dell and Intel, use Spiceworks to connect directly with IT buyers through the company’s Vendor Pages and social marketing programs. With the new funding, Spiceworks total funding rises up to $54 million. The funding will be used for new products and features of their business network social sites.

 
Funding

Funding Total: $25,000,000

Round Date Amount Pre Amount Post Amount
D 04/2011 $25,000,000
Investors: Adams Street Partners, Tenaya Capital, Institutional Venture Partners, Austin Ventures, Shasta Ventures

See all fundings here

 
Founders
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