Spigit, builder of internal social networks for large companies, announced today that it raised $10 million in equity from Warburg Pincus to expand its number of customers and continue product development.
The Pleasanton, Calif. company offers two different platforms -- InnovationSpigit and IdeaSpigit -- that allow employees within companies to share ideas, collaborate on projects and recruit the right people for certain efforts.
Spigit has now raised more than $15 million to date from family, friends and Pico Holdings, in addition to Warburg.