ServiceMax Raises $80M in Funding
Summary
The round was led by new investor Salesforce Ventures and existing investor Silver Lake. The company intends to use the funds to accelerate growth, deepen product development and support digital transformation and customer experience in verticals such as manufacturing, medical devices, energy, heavy equipment and other industrial markets. Led by Neil Barua, CEO, ServiceMax offers a suite of field service applications built on the Salesforce platform that provide customers a complete view of their assets, enabling them to run efficient service operations in complex, asset-intensive industries. The solution is used by Enterprise companies across the globe.
Funding
Amount
$80.0M
Total raised
Date
February 24, 2020
Announcement date
Investors
ServiceMax
Lead investors
Company
http://www.servicemax.com
Funded company
Classifications
industries
Services
applications
E-commerce Order Management
AskAI Classifications
Labels
No AI classifications detected
Linked Companies
ServiceMax Software
$50M to $100M