The company received $5 million in series A funding from Austin Ventures in June 2006. Spiceworks' series B funding round was completed in August 2007 and included $8 million from Shasta Ventures and Austin Ventures. The company's $18 million series C funding round in January 2010 was headed by Institutional Venture Partners. In April 2011, Spiceworks received $25 million in series D funding from Adams Street Partners and Tenaya Capital and a 2014 series E financing round worth $57 million led by Goldman Sachs.
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