Thursday, March 22, 2012

Spigit Taps Into $15.2M More

Pleasanton-based Spigit, a developer of enterprise collaboration tools which use game mechanics and social algorithms, said today that it has raised $15.2M in a Series E funding round. The round came from private equity firm Warburg Pincus. The firm said the funding will go towards developing its product and to hire new employees. Spigit is headed by Paul Plushkell. The firm said it has now raised $41.2M in total. More information »