Spiceworks Secures $16,000,000 Series B Financing Round

  • Feed Type
  • Date
    1/12/2010
  • Company Name
    Spiceworks
  • Mailing Address
    7300 FM 2222, Bldg 3 Austin, TX 78730
  • Company Description
    Spiceworks develops the industry’s first free IT management software designed to meet the unique needs of small and medium businesses. Spiceworks helps IT organizations easily manage their networks, solve IT problems and find the products, services and information they need to do their jobs.
  • Website
    http://www.spiceworks.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $16,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    This funding will allow us to build a broader range of functionality for our users and more quickly achieve our mission of simplifying everything IT for the world’s businesses
  • M&A Terms
  • Venture Investor
    Institutional Venture Partners
  • Venture Investor
    Austin Ventures
  • Venture Investor
    Shasta Ventures