Spigit Receives $13,000,000 New Financing Round

  • [Corrected 10/28/15, 9:53 am. See below.]
  • Feed Type
  • Date
    10/27/2015
  • Company Name
    Spigit
  • Mailing Address
    1160 Battery St East 4th Floor San Francisco, CA 94111 USA
  • Company Description
    Spigit is a purpose built social networking tool used by leading companies to connect their employees, customers and business partners for idea and innovation discovery. Using sophisticated analytics built on advanced mathematics, Spigit takes us beyond information gathering and analyses to real time decision making and meaningful prediction.
  • Website
    http://www.spigit.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $13,000,000
  • [An earlier version of this item reported the amount at $14,000,000. We regret the error.]
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company intends to use the funds to amplify global sales and marketing efforts, as well as expand research and development.
  • M&A Terms
  • Venture Investor
    Investor Growth Capital
  • Venture Investor
    Undisclosed