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Spiceworks bags $57m to bolster IT-centric social network

Spiceworks raised $57m in new funding, which it plans to use to expand and branch out into peripheral services.

Spiceworks, the makers of the popular social network for IT professionals announced Tuesday that it has secured $57m in a new round of funding led by Goldman Sachs. Sometimes known as the LinkedIn for IT pros, Spiceworks said it plans to use the funds to double down on expansion and product development – branching out into areas dominated by another darling of the IT world, GitHub.