SOURCE: Spigit


November 20, 2009 08:00 ET

Spigit Expands With Addition of East Coast Office

Rapidly Expanding Enterprise Social Networking Leader Quickly Turns Recent Investment Into Growth With New D.C. Facility and Additional Expertise

PLEASANTON, CA--(Marketwire - November 20, 2009) - Spigit, provider of the leading innovation management platform for the enterprise, announced today that it has expanded its operations with the opening of a new facility in the Washington, D.C. area, just on the heels of its recently announced $10 million equity investment from Warburg Pincus.

"We're wasting no time in putting that investment to work in an effort to better support our customers and grow our market share," said Paul Pluschkell, co-founder and CEO of Spigit. "Our new office is strategically located in Reston, VA, which will allow us to be responsive to client requests up and down the east coast. Additionally we are pleased to have Daniel join the management team and lead our eastern expansion. He is a proven executive who knows how to cultivate teams, support customers and manage growth."

To lead the build out of Spigit's east coast operations, Daniel Connolly has joined the firm as vice president of Spigit, US East. Previously with ODIN technologies, a worldwide leader in SaaS and integration of RFID networks, Connolly served as senior vice president of worldwide sales where he helped the team double revenue and secure strategic new clients in government, healthcare and financial services. Prior to ODIN, Connolly spent 14 years at Nortel in various customer-facing positions in the enterprise and carrier segments. As a director of many teams during the telecom explosion, Connolly proved himself as a seasoned leader who knows how to drive revenue while building highly effective teams.

"I look forward to helping businesses discover the power of Spigit to drive internal and external innovation and to streamline the collaborative process," Connolly said. "Now more than ever, innovation is the key to building a strong foundation to compete on a local and global basis. Spigit is a purpose built social networking tool that helps companies achieve profitable goal directed collaboration."

Spigit's award-winning innovation solutions are already in use by several Fortune 2000 companies and other well-known brands at the forefront of innovation. Spigit was recently named to InformationWeek's Startup 50 list of the top business technology startups as selected by readers and editors.

For more information about Spigit's award-winning innovation solutions, visit

About Spigit

Spigit is the leading developer of social productivity software for enterprises to drive innovation and empower decision makers. Spigit's product offerings range from the intra-enterprise InnovationSpigit™ to its customer-facing IdeaSpigit solutions. Spigit currently powers innovation projects at numerous Fortune 2000 companies and has been named Best of Software Interop 2008 and is listed on the AlwaysOn Global 250 list, the power list of the top 250 private global technology companies. For more information, visit

Contact Information