Tech Company Financing Transactions

Spiceworks Funding Round

Adams Street Partners and Tenaya Capital joined a $25 million venture round for Spiceworks. The financing round was announced on 4/28/2011.

Transaction Overview

Company Name
Announced On
4/28/2011
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Proceeds Purpose
The company said that over the next year, it will offer more social commerce capabilities, including group purchasing and deals and the ability to purchase IT products and services directly through the Spiceworks platform.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
3700 N. Capital of Texas Hwy. 100
Austin, TX 78746
USA
Email Address
Overview
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.
Profile
Spiceworks LinkedIn Company Profile
Social Media
Spiceworks Company Twitter Account
Company News
Spiceworks News
Facebook
Spiceworks on Facebook
YouTube
Spiceworks on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Scott Abel
  Scott Abel LinkedIn Profile  Scott Abel Twitter Account  Scott Abel News  Scott Abel on Facebook
VP - Marketing
Jay Hallberg
  Jay Hallberg LinkedIn Profile  Jay Hallberg Twitter Account  Jay Hallberg News  Jay Hallberg on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/27/2011: IdeaPaint venture capital transaction
Next: 4/28/2011: Quotient ADHD System venture capital transaction

 

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Where The Data Comes From

We do our best to report on all VC transactions involving tech companies. VC transactions reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.

 


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