Spiceworks Closes on $25M
Spiceworks, the maker of a social business network for IT professionals and technology vendors, has raised $25 million in Series D financing. New investors Adams Street Partners and Tenaya Capital joined in the round, as did existing shareholders. The money will be used for expansion. Austin-based Spiceworks previously raised at least $29 million from investors including Institutional Venture Partners, Austin Ventures and Shasta Ventures.
28 April 2011•3 mins read
