Spiceworks raises $57 million led by Goldman Sachs

SAN FRANCISCO Tue Feb 4, 2014 12:01am EST

SAN FRANCISCO Feb 4 (Reuters) - Information-technology network company Spiceworks announced on Tuesday it had raised $57 million in venture-capital funding led by Goldman Sachs.

The Austin, Texas-based company said in a press release it would use the cash to introduce a new technology platform and develop new apps and content.

Previously, the company had raised $54 million in a series of four funding rounds, starting in 2006. Existing investors include Austin Ventures, Shasta Ventures, Institutional Venture Partners, Adams Street Partners, and Tenaya Capital.

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