Tech Company Financing Transactions
Spigit Funding Round
On 3/21/2012, Spigit announced $15.2 million in Series E investment from Warburg Pincus and private investors.
Transaction Overview
Company Name
Announced On
3/21/2012
Transaction Type
Venture Equity
Amount
$15,200,000
Round
Series E
Investors
Warburg Pincus (Lead Investor) (Vishnu Menon)
Proceeds Purpose
Spigit plans to use the funding to continue building a world-class product portfolio that accelerates organizational innovation, to grow its partner ecosystem and to capitalize on the momentum of both to launch its new platform. The growth capital will also be used to build the Company's employee base, which will allow it to take advantage of the market opportunity and to continue leading the social innovation space.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
275 Battery St.
San Francisco, CA 94111
USA
San Francisco, CA 94111
USA
Phone
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Scott Raskin
Chief Financial Officer
Steve Anderson
VP - Customer Service
Paul Brook
VP - Engineering
Saigeetha Govindarajan
VP - Product Management
Gareth Bradley
VP - Sales
Donald Morrison
Browse more venture capital transactions:
Prev: 3/21/2012: Verve venture capital transaction
Next: 3/21/2012: Accellion venture capital transaction
Share this article
News on VC Transactions
Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs