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Warburg Pincus Invests Another $10M In Idea Management Platform Spigit

Exclusive – Spigit, maker of collaborative innovation management software for enterprises, will announce this morning that it has received an equity investment of $10 million from Warburg Pincus. The financing round completes a $20 million investment from the private equity firm, resulting in $26 million in funding overall for Spigit.

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Spigit raises $10 million

Business software maker Spigit Inc. raised $10 million from private equity firm Warburg Pincus . This is the second investment by Warburg Pincus, which invested $10 million in the Pleasanton company in the past. Spigit has raised $26 million total. Paul Pluschkell, who started Spigit, is its CEO. Patrick Severson of Warburg Pincus sits on Spigit’s board of directors. The…

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Spigit Secures Its Second $10 Million Equity Investment from Warburg Pincus

Spigit Secures Its Second $10 Million Equity Investment from Warburg Pincus Coupled with Spigit’s 300% year over year growth, additional funding provides strong momentum for further product and sales development Pleasanton, CA- March 15, 2011 — Spigit, the leading provider of collaborative innovation management software for the enterprise, announced today that it has received an equity investment of $10 million…

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