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Spiceworks

Spiceworks
Private
Industry Computer software
Founded 2006
Headquarters Austin, Texas, United States
Products Spiceworks IT Desktop
Website www.spiceworks.com

Spiceworks is a professional network for the information technology (IT) industry that is headquartered in Austin, Texas. The company was founded in January 2006 by Scott Abel, Jay Hallberg, Greg Kattawar, and Francis Sullivan to build IT management software.

Spiceworks is an online community where users can collaborate and seek advice from one another, and also engage in a marketplace to purchase IT-related services and products. The network is estimated to be used by more than six million IT professionals and 3,000 technology vendors.

The company's free proprietary software is written in Ruby on Rails, and runs exclusively on Microsoft Windows. The software discovers -addressable devices and includes help desk functionality and an integrated knowledge base.

The company was formed in January 2006 by Scott Abel, Jay Hallberg, Greg Kattawar and Francis Sullivan, former executives at Motive, an Austin-based broadband and data management company that was acquired by Alcatel-Lucent in 2008.

The company received $5 million in series A funding from Austin Ventures in June 2006. Spiceworks' series B funding round was completed in August 2007 and included $8 million from Shasta Ventures and Austin Ventures. The company's $18 million series C funding round in January 2010 was headed by Institutional Venture Partners. In April 2011, Spiceworks received $25 million in series D funding from Adams Street Partners and Tenaya Capital and a 2014 series E financing round worth $57 million led by Goldman Sachs.

In July 2006, it released a public beta. The 1.0 version of Spiceworks was released in November 2006. It focussed on simplifying the process of taking inventory, monitoring networks, and generating reports for IT professionals at small and medium-sized businesses. By the end of its first year, Spiceworks had 120,000 users.

The company released the 2.0 version of its software in December 2007. Subsequent versions followed, leading up to version 7.0 in 2013. The company released a free network monitor product in December 2014.


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