April 28th, 2011

Spiceworks Raises $25 Million To Be The Facebook For IT Managers

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. → Read More

September 22nd, 2010

IT Spending Grows 4% For Small To Medium-Sized Businesses

According to a SpiceWorks report released today, IT related budgets at small and medium sized businesses are up over 4% vs. figures announced for January through June 2010. Notable high spending points points are in the areas of virtualization as well as optimistic staffing increases, especially in companies with under 20 employees. Over 3,011 IT professionals from over 117 countries were surveyed between July and August 2010. → Read More

June 2nd, 2010

Social IT Management Software Spiceworks Hits 1 Million Users

Spiceworks, a startup that develops Web-connected social IT management software, has hit a significant milestone today: 1 million users. According to Spiceworks, that means 1 in 5 IT professionals in the world’s SMBs (fewer than 1,000 employees) use Spiceworks.

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, currently helps IT professionals provide services for 34 million workers, manage 56 million computers and devices, and spend $173 billion annually on technology products and services. → Read More

January 11th, 2010

Spiceworks Is Becoming The Facebook For IT Managers; Raises $16 Million Series C

Spiceworks, a startup that develops Web-connected social IT management software, has raised $16 million in Series C funding round led by Institutional Venture Partners with Austin Ventures and Shasta Ventures participating. This brings the startup’s total funding to $29 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 currently being used by 850,000 IT professionals at small to medium businesses in 196 countries to inventory, monitor, troubleshoot, report on and run a help desk for their IT networks. Currently more than 25 percent of all businesses with greater than 100 employees rely on Spiceworks to manage part of their IT operations. → Read More

June 15th, 2009

Spiceworks Spices Up Social IT Management Software

IT software maker Spiceworks is launching version 4.0 of their 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 currently being used by 700,000 IT professionals at small to medium businesses to inventory, monitor, troubleshoot, report on and run a help desk for their IT networks. The company says the upgrade will be rolled out later this week.

The interesting part of Spicework’s software is that it includes a social network for IT pros that they use to help each other out. Its product roadmap is visible to all members, who can vote on which features they want to see next. The top feature, which will be in the new release, is a network map, visually showing every computer and network device on a company’s IT network, along with their relationships and bandwidth consumption. Spiceworks will be integrated with Twitter as well, allowing activity updates to be published to Twitter. → Read More

March 29th, 2009

Spiceworks Adds Social Media Widgets To IT Networking Software

IT software maker Spiceworks has developed a set of customized plugins and widgets in a variety of categories for the Spiceworks desktop. Spiceworks’ ad-supported, free IT management software allows IT managers at small to mid-size businesses keep track of their network assets, run a helpdesk, monitor activity, receive reports and troubleshoot network problems.

The plugins let you keep track of alerts, tickets, new software, and new hardware, as well as a inventory summaries. Widgets include a help desk widget and reports and inventory widgets and allows users access this information easily. Spiceworks also lets users add themes and skins to the desktop, create customized user portals, and lets users drop in news widgets from RSS feeds and social networking widgets for Twitter, Digg, Facebook, and MySpace. → Read More

October 18th, 2007

Dispatch From the Web 2.0 Launch Pad

Today’ Web 2.0 Summit ended with a Launch Pad session where six startups each got six minutes to pitch their companies to the crowd and a panel of venture capitalists. Here’s a thumbnail sketch of each with my initial impressions (For a more thorough take on these startups from a real venture capitalist, read Christine Herron’s post): CleverSet—Best of Show went to CleverSet, a Seattle-based company that takes a sophisticated statistical approach to product recommendations and personalization. This is not exactly an unknown company. It’s technology already powers 85 sites, including Sephora’s, Wine Enthusiast, and part of Overstock (I also wrote about them last summer in Business 2.0). CleverSet is applying some advanced math to improving recommendations, and claims to increase revenues for Websites that implement its technology by 18 to 30 percent, on average. If that’s true, they deserve to win. But then I ran into Netflix CEO Reed Hastings, who is offering a $1 million prize to anyone who can improve his movie recommendations, and he expressed some skepticism about how useful any statistical approach can be. Hastings has found that even within just the category of movies, knowing what horror films someone likes tells you nothing about what dramas they might like. So making statistical correlations across products would be even more difficult. TripIt—A company that presented at TechCrunch40, TripIt builds a personalized itinerary starting from your airline confirmation. A useful travel organizer. See Mike’s previous post. G.ho.st—All of our data and applications are moving online, why not the operating system? G.ho.st is a Web operating system of sorts that ties together all the data and applications you may be using across different Websites with one password and URL. Conceptually, I’m with them. But getting people to change their behavior and abandon everything on their desktops except for their browser is going to be tough. (G.ho.st was in the TechCrunch40 Demo Pit) SpiceWorks—Ad-supported enterprise software. Already 160,000 IT professionals use SpiceWorks to help manage their computer networks. SpiceWorks then serves up news feeds and product deals targeted at the specific devices on the networks they manage. It’s a consumer approach to enterprise software. This will work—until the ad bubble pops. ClickForensics—The CEO claims that the click fraud rate is nearly 16 percent (and over 25 percent on distributed advertising networks like AdSense or Yahoo Publishers Network). ClickForensics offers a neutral service to both advertisers and publishers that → Read More

August 27th, 2007

SpiceWorks Raises $8 Million; Google Adsense Even Supports IT Software

IT software maker SpiceWorks just closed an $8 million in series B financing. The funding round was led by Shasta Ventures with participation from Spiceworks series A investor, Austin Ventures. Their series A was $5 million. Shasta Ventures co-founder and managing director, Ravi Mohan, and former Dell senior executive, John Hamlin, have joined the Spiceworks board of directors. The money will be used to support over 120,000 users as well as software development and sales and marketing. SpiceWorks’ software is an IT Desktop suite, consisting of a Network Inventory, Help Desk, Reporting, Monitoring and Troubleshooting applications. Taking a page from a lot of the consumer applications we profile on TechCrunch, their software is completely free and ad supported. Ravi Mohan of Shasta calls the shift toward ad supported systems the “consumerization of the enterprise”. The ads are served via Google AdSense along a sidebar as you use the application. The idea is that IT professionals get a free suite of the basic tools they need and advertisers get access to a targeted audience that spends a lot of time in front of those ads (lots of page views). Are we going to see the ad-supported model spreading across enterprise applications? Not likely, considering the great support and set up costs associated with most enterprise installations. However, SpiceWorks’ free bundle of basic IT programs helps differentiate themselves in the highly competitive category of SMB IT tools. → Read More

Real-Time
Crunchbase

Energy Points — Received $3M in Series A funding from Plan B Ventures
2.13.2012
Wittlebee — Company added to CrunchBase
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Plan B Ventures — Invested in Energy Points.
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Cidade Internet — Acquired by Populis.
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Jive Software — Went public with stock symbol NASDAQ:JIVE.
2.3.2012
Cidade Internet — Acquired by Populis.
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LetsBuy.com — Acquired by Flipkart.
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Cocoafish — Acquired by Appcelerator.
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Energy Points — Received $3M in Series A funding from Plan B Ventures
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StopTheHacker — Received $1.1M in Series A funding from Runa Capital
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Marin Software — Received $30M in Unattributed funding
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FNZ — Received Unattributed funding from General Atlantic
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LipoFIT Analytic — Received $9.5M in Series B funding from KfW Bankengruppe and Bayern Kapital
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Plan B Ventures — Invested in Energy Points.
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Runa Capital — Invested in StopTheHacker.
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General Atlantic — Invested in FNZ.
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Bayern Kapital — Invested in LipoFIT Analytic.
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Jive Software — Went public with stock symbol NASDAQ:JIVE.
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Wittlebee — Company added to CrunchBase
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Energy Points — Company added to CrunchBase
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Aero Financial — Company added to CrunchBase
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StopTheHacker — Company added to CrunchBase
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Rusnano — Company added to CrunchBase
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Fit Freeway — Product added to CrunchBase
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Metier HR - Cloud Based HR Process Automation Suite — Product added to CrunchBase
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Wupbox account — Product added to CrunchBase
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