So you’ve raised your B round, but an IPO isn’t really possible and the bigger fish aren’t yet sniffing around to acquire your company at a price that your venture backers are interested in. How do you sell some private stock to buy that sports car with cash? Welcome to the secondary market. Shares of stock in companies like Facebook and Twitter are changing hands, even though the stock is not publicly traded yet. How [...]
Spiceworks™, Inc. today announced that IT professionals at small and mid-sized businesses (SMBs) can now manage and automate printer ink and toner purchasing directly within the Spiceworks social network for IT. The new social commerce feature will make it easier for the 1.6 million IT pros in Spiceworks to keep their printers up and running, while giving ink and toner suppliers access to more than $3 billion in refills every year. Spiceworks users, who are responsible [...]
Today, Spiceworks unveiled new capabilities that make technology purchasing easier for its 1.5 million users. The new Request for Quote (RFQ) feature automates and simplifies the complex process of purchasing business technology and services by leveraging the social networking features of the Spiceworks community to power e-commerce. The Request for Quote (RFQ) feature enables small and mid-sized businesses (SMBs) to solicit vendor quotes for technology goods and services, share quotes with peers and place orders directly [...]
I’m pretty clear about my love for Spiceworks, their business model, the management team, and the investors. Today they announced the results of their fundraising, and even TechCrunch wrote up their obligatory 4-paragraph blost post.
When your software is used by over a million IT professionals daily, there is an incredible opportunity to tap into their knowledge to identify needs, trends, and budgets. Spiceworks just completed their semi-annual report on technology usage, staffing, spending trends. The IT industry continues to show strong signs of growth as technology budgets, cloud services usage, virtualization adoption, and IT staffing plans among small and mid-sized businesses (SMBs) all showed their strongest gains in more than 18 months, according to latest new report by Spiceworks™, Inc., the largest social business network for IT with more than 1.4 million SMB IT professionals.
Spiceworks announced the availability of the fifth generation of its free social IT management software application, which is currently used by more than 1 million IT professionals at small and mid-sized businesses (SMBs) worldwide. Some of the top new features available in Spiceworks 5.0 include the ability to monitor and manage applications, devices and cloud services based on the people who use them within the organization; advanced network configuration management capabilities; and a centralized help [...]
Spiceworks today announced that its user base has grown to more than 1 million IT professionals in 196 countries. This milestone makes Spiceworks the fastest growing and most widely used application for managing IT networks in history. In addition, its free ad-supported IT management software and community have evolved into a new type of channel that gives vendors powerful access to research, social media, ads and apps to increase sales of technology products & services. [...]
We hope you had a great holiday break! We’re excited to kick off the new year with a happy hour at Molotov on Thursday, January 28th from 6:00pm – 8:00pm. We’d like to thank our sponsors Spiceworks and TicketCity. Come on out meet some of the folks from Spiceworks and TicketCity, as well as your friends in the Austin tech community. We’ll also be showcasing a few up-and-coming technology startups to keep you in touch [...]
SpiceWorks, provider of the first and only social IT management application connecting the world’s IT pros and top technology companies, today announced it secured a $16 million Series C funding round led by Institutional Venture Partners (IVP). The round included participation from existing Spiceworks investors Austin Ventures and Shasta Ventures. A later-stage investor in rapidly-growing media and technology companies, IVP has funded many successful ventures, such as Twitter, MySQL, HomeAway, Netflix, Business.com, Zynga and more. [...]
Austin-based SpiceWorks announced last week that version 4.5 has come out of beta, and the final is shipping. This is the 17th software release in 3 years for the company, and contains a handful of great new features. The tool contains support for HTTPS/SSL, so that it can manage networks outside of your firewall with a secure connection. Scan schedules can now be customized in about every way you can imagine, including dates and time, [...]
