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March 15, 2011 04:43 pm GMT

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.The company markets products that allow organizations to tap the collective intelligence of its employees, partners and customers to help them gain insights about their business.

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