Spiceworks, a startup that develops Web-connected social IT management software, has raised a whopping $25 million in new funding from Adams Street Partners, Tenaya Capital, Institutional Venture Partners, Austin Ventures and Shasta Ventures. This brings the company's total funding up to
$54 million. Spiceworks develops a
desktop software suite that helps a company?s IT staff collaborate with each other and manage ?everything IT.? The IT management software, which is free and
ad-supported, is mainly used at small to medium businesses to inventory, monitor, troubleshoot, report on and run a help desk for their IT networks.
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Source: http://feedproxy.google.com/~r/Techcrunch/~3/XZM-_aSPGY8/
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