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Spiceworks Hits 1M Users

Austin-based Spiceworks, a developer of free IT management software, said Wednesday that it now has more than 1 million users using its product. The firm said those million IT professionals are spread across 196 countires. Spiceworks offers it software for free, in exchange for showing advertising to users who have the product installed. Spiceworks is backed by Institutional Venture Partners (IVP), Austin Ventures and Shasta Ventures.