Spiceworks Raises $57M

Austin-based IT management software and community provider Spiceworks announced this morning that it has raised $57M in a new funding round. The Series E funding came from Goldman Sachs, along with its existing investors. Spiceworks said the new funding will brings its total raised to $111M. David Campbell, who is a managing director at Goldman Sachs, will join the company's board as part of the funding. Spiceworks said the move will help it to expand its network of IT professionals and technology brands. More information »