MaintenanceNet Receives Investment from Kayne Partners
Summary
MaintenanceNet, a Carlsbad, Calif.-based provider of service annuity solutions, received an investment from Kayne Partners, the growth private equity group of Kayne Anderson Capital Advisors.The amount of the funding was not disclosed.The company intends to use the funds to expand worldwide operations and ongoing technology development initiatives.Launched in 2004 and led by Scott Herron, CEO, MaintenanceNet provides manufacturers and their channel partners with cloud-based a platform and a campaign management solution to expedite and automate sales processes, and a channel-friendly approach to service quoting, ordering and renewing.FinSMEs 19/02/2014
Funding
Amount
$12.0M
Total raised
Date
February 19, 2014
Announcement date
Investors
Kayne Anderson Capital Advisors
Lead investors
Company
http://www.maintenancenet.com
Funded company
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applications
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