Austin-based Spiceworks, a provide of ad supported IT management software, announced that they are releasing a co-branded version of the Spiceworks product for users of CMP’s bMight.com website. The bMighty website is a CMP community site focused on IT professionals in the small and mid-sized (SMB) category. If you visit the website, you’ll see a link for Free Tools at the top of every web page. If you look at their free tools page, Spiceworks is the top item in the list.

Spiceworks is continuing its rapid pace, propelled by an $8M series B financing toward the end of 2007. You can see our Q&A Wednesday feature with Spiceworks here.