Spiceworks

Austin, United States Founded: 2006 • Age: 20 yrs Acquired By Ziff Davis
IT professional networking platform
Annual revenue $5.0M Latest available
Total funding $111.6M 5 rounds
Employees 129 Tracked headcount
Investors 7 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Spiceworks

Spiceworks is a company based in Austin (United States) founded in 2006 was acquired by Ziff Davis in August 2019. Spiceworks has raised $111.6 million across 5 funding rounds from investors including Goldman Sachs, Ziff Davis and Adams Street Partners. The company has 129 employees as of April 06, 2024. Spiceworks offers products and services including Cloud Help Desk, Remote Support, Inventory Online, and Contracts Tracker. Spiceworks operates in a competitive market with competitors including Lansweeper, CoreView, Firstbase, Snow Software and Sitetracker, among others.

  • Headquarter Austin, United States
  • Employees 129 as on 06 Apr, 2024
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Spiceworks It Solutions India Private Limited
  • Date of Incorporation 31 Jan, 2019
  • Jurisdiction Rangareddy, Telangana, India
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.97 M (USD)
    35.94
    as on Mar 31, 2023
  • Net Profit
    $555.35 K (USD)
    40.91
    as on Mar 31, 2023
  • EBITDA
    $830.61 K (USD)
    37.95
    as on Mar 31, 2023
  • Total Equity Funding
    $111.6 M (USD)

    in 5 rounds

  • Latest Funding Round
    $57.6 M (USD), Series E

    Feb 03, 2014

  • Investors
  • Employee Count
    129

    as on Apr 06, 2024

  • Acquired by
    Ziff Davis

    (Aug 16, 2019)

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Products & Services of Spiceworks

Spiceworks offers a comprehensive portfolio of products and services, including Cloud Help Desk, Remote Support, Inventory Online, and Contracts Tracker.

Product name locked
Category locked
Primary

Tool for managing IT tickets and support requests efficiently.

Product name locked
Category locked
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Platform for remote IT assistance and troubleshooting issues.

Product name locked
Category locked
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System to track and manage IT hardware and software assets.

Product name locked
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Application for monitoring vendor contracts and agreements.

People of Spiceworks

Headcount 1000-5000
Employee Profiles 233
Board Members and Advisors 7
Employee Profiles
People
Dan Stone
President, Everyday Health Group
People
Brian Stewart
CFO - Tech, Shopping & Entertainment
People
Alex Goolsky
HR Business Partner
People
Nima Moghadam
Software Engineer III

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Funding Insights of Spiceworks

Spiceworks has successfully raised a total of $111.6M across 5 strategic funding rounds. The most recent funding activity was a Series E round of $57.6 million completed in February 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Spiceworks

Spiceworks has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Ziff Davis and Adams Street Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private markets investment management with strategies in equity, credit, and secondary investments.
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Investment and partnership services for entrepreneurs in finance and growth support.
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Growth in technology companies is supported through venture capital.
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Investor details for Spiceworks

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Investments & Acquisitions by Spiceworks

Investments
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Investment portfolio details for Spiceworks

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Spiceworks

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Detailed financials for Spiceworks

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  • Profit trends
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Spiceworks Comparisons

Spiceworks Primary company
Description
IT professional networking platform
Location
Austin, United States
Founded Year
2006
Annual Revenue
$4.97 M (USD)
Net Profit
$555.35 K (USD)
EBITDA
$830.61 K (USD)
Employees
129
As of 2024
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Peer comparison for Spiceworks

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Spiceworks

Spiceworks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lansweeper, CoreView, Firstbase, Snow Software and Sitetracker, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based IT asset management software is provided by Lansweeper.
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Cloud based software asset management software provider
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SaaS-driven facility management solutions are provided for office assets.
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Cloud management solutions for hybrid and multi-cloud environments are provided.
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Cloud-based project and asset management solutions are offered.
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Detailed competitors of Spiceworks

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Latest news on Spiceworks

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Complete news archive for Spiceworks

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  • Source and publication date
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Frequently Asked Questions about Spiceworks

Spiceworks was founded in 2006.

Spiceworks is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Spiceworks is a funded company, having raised a total of $111.6M across 5 funding rounds to date.

As of Apr 06, 2024, the latest employee count at Spiceworks is 129.

Annual revenue of Spiceworks is $4.97M as on Mar 31, 2023.

Spiceworks was founded in 2006 in Austin, United States, as a professional network for the IT sector. Connections between IT professionals, peers, and technology companies are facilitated to enable interactions and product research. Vendors utilize the platform for market outreach, advertising, and sales to IT users. Free tools including inventory management, helpdesk, and network monitoring are provided. Revenue is derived mainly from advertisements, supplemented by an IT product marketplace.

Spiceworks's top competitors include Axonius, Lansweeper and Firstbase.

Spiceworks offers Cloud Help Desk, Remote Support, Inventory Online, and Contracts Tracker.

Spiceworks has 7 investors. Key investors include Goldman Sachs, Ziff Davis, Adams Street Partners, Tenaya Capital, and IVP.

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